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Best Overall
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Best for Teams
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Password managers can help businesses by generating and securely storing complex, unique passwords for every account, which minimizes the risks associated with data breaches and unauthorized access. Our research found that 84% of internet users practice unsafe password habits — a risk that's even more consequential when those habits show up in the workplace.
Our top picks for small businesses are NordPass, 1Password, and Bitwarden, with NordPass leading as our #1 pick for small businesses. NordPass offers advanced security features, is from a trusted name in cybersecurity, and is affordable for independent businesses.
These password managers offer comprehensive security features, user-friendly interfaces, and competitive pricing, making them the ideal choice for businesses seeking to bolster their online security posture.
Learn more about our experience with these recommended security solutions and which password manager is right for your business.
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#1 ranked password manager with a strong history of security
Trusted Nord name backed by best-in-class encryption practices
Grab NordPass on its own or opt for a fully-featured security bundle
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Seamless password sharing, even with people who don't have 1Password accounts
Secure encryption standards with no history of being hacked or leaking data
Unique features, like Travel Mode and Watchtower to keep your data safe
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Open-source software and zero-knowledge encryption means only you can see your data
Completely compatible across operating systems, including Linux
Share passwords and files securely with built-in link expirations and open limits
| Password manager |
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Best overall
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| Best for | Overall | Teams | Budget-conscious businesses |
| Star rating | |||
| Starting price | Teams for $1.79/mo per user | Teams Starter Pack for $19.95/mo (up to 10 users) | Teams for $4.00/mo per user |
| Encryption | XChaCha20 | AES-GCM-256 | AES 256-bit |
| Password sharing | |||
| Password generator | |||
| Password strength report | |||
| Autofill | |||
| Compatibility | Windows, macOS, Linux, Android, iOS | Windows, macOS, Linux, Android, iOS | Windows, macOS, Linux, Android, iOS |
| Learn more | See NordPass Pricing | See 1Password Pricing | See Bitwarden Pricing |
#1 ranked password manager with a strong history of security
Trusted Nord name backed by best-in-class encryption practices
Grab NordPass on its own or opt for a fully-featured security bundle
NordPass offers advanced security features from Nord Security, a top name in cybersecurity software. This super-secure password manager uses xChaCha encryption, which encrypts each piece of data. It also boasts MFA and biometric login options, is HIPAA-compliant, and is user-friendly. Plus, it offers its top-of-the-line password vault at a good price point for small businesses.
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NordPass offers advanced security and includes data breach scanning to give businesses peace of mind. That way, you can be on top of any potential security leaks or threats. Our research found that 65% of internet users received at least one data breach notice in the past year, making NordPass's built-in breach scanner a particularly valuable tool for businesses. It also includes a Secure Notes feature that allows users to securely store codes or other sensitive team information.
Other standout security features include end-to-end encryption, zero-knowledge architecture, and multiple authentication methods.
The NordPass vault allows for unlimited password storage, and passwords seamlessly sync across devices. Overall, NordPass is user-friendly, and the dashboard is clean and intuitive.
NordPass also offers a 14-day free business trial with no credit card required, and its tiered plans — Teams, Business, and Enterprise — make it easy to scale security as your team grows.
As with anything free, the NordPass free plan is limited and doesn't let users experience all the robust features NordPass premium offers. However, being able to use a free plan is still a win since you can try out the platform and see if it's a good fit before committing to a subscription.
| Price range | $1.49–$3.69/mo |
| Emergency access | Yes |
| Biometric login | Yes |
| Two-factor authentication | Yes |
| Autofill | Yes |
| Password generator | Yes |
| Compatibility | Windows, macOS, Linux, Android, iOS, Chrome, Edge, Firefox, Opera, Safari |
| Learn more | Get NordPass |
NordPass is our top password manager recommendation with a near-perfect star rating of 4.9. It's easy to use, affordable, and offers all the features you need for simple and secure password management.
NordPass was docked only in the trust category because of its 4.0 Trustpilot score.
| Decision factor | Weight | Verdict |
| Our experience | 15% | 5.0 |
| Value | 15% | 5.0 |
| Features | 35% | 5.0 |
| Compatibility | 10% | 5.0 |
| Trust | 25% | 4.5 |
Seamless password sharing, even with people who don't have 1Password accounts
Secure encryption standards with no history of being hacked or leaking data
Unique features, like Travel Mode and Watchtower to keep your data safe
1Password is an ideal choice for small business owners and employees who prioritize robust security features, appreciate an intuitive user interface, and require seamless integration with multiple platforms. This password manager caters to users who manage multiple accounts, collaborate with teams, and need to securely share sensitive data.
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1Password stands out due to its comprehensive password security offerings. Your data is protected with AES-256-bit encryption, the industry standard.
The Watchtower feature is a particularly valuable addition, as it proactively monitors users' accounts and alerts them to potential security breaches or weak passwords that need to be changed into strong passwords. This ensures businesses can take quick action to minimize the risk of unauthorized access to their sensitive data. Watchtower even notifies you of accounts that support two-factor authentication (2FA); that way, you can turn it on and keep your passwords safe.
The Teams Starter Pack's flat $19.95/mo for up to 10 users makes budgeting predictable for small teams, and every Business plan user gets a complimentary Families plan — a rare perk that extends value beyond the office.
While 1Password offers a wide range of security features and an intuitive user interface, one potential drawback for small businesses is the lack of a free version. For those with very limited budgets, this could be a deciding factor when choosing a password manager.
| Price range | $2.99-$7.99/mo |
| Emergency access | Yes |
| Biometric login | Yes |
| Two-factor authentication | Yes |
| Autofill | Yes |
| Password generator | Yes |
| Compatibility | Windows, macOS, Android, iOS, Chrome, Edge, Firefox, Safari |
| Learn more | Get 1Password |
1Password has a near-perfect star rating of 4.9 because of its seamless user experience, extensive suite of password manager features, and availability of apps across devices.
1Password's major mark-down was in the value category because of its expensive starting price and lack of a free trial.
| Decision factor | Weight | Verdict |
| Our experience | 15% | 5.0 |
| Value | 15% | 4.67 |
| Features | 35% | 5.0 |
| Compatibility | 10% | 5.0 |
| Trust | 25% | 4.7 |
Open-source software and zero-knowledge encryption means only you can see your data
Completely compatible across operating systems, including Linux
Share passwords and files securely with built-in link expirations and open limits
Bitwarden is an ideal solution for small businesses seeking a secure, reliable password manager on a budget. With its open-source nature and transparent security model, Bitwarden provides a cost-effective solution without compromising on essential features.
It's perfect for businesses that require password management tools — such as password sharing, password generation, secure storage, and two-step login — while minimizing expenses and maintaining a high level of security for their digital assets.
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We were particularly pleased by Bitwarden's open-source platform, which promotes transparency and continuously enhances its security features. This open-source nature fosters user confidence while also allowing the community to contribute to its growth. Bitwarden's low cost and free version make it a viable option for enterprises of all sizes, even those with few resources.
At $4/user/mo for Teams and $6/user/mo for Enterprise, Bitwarden is significantly more affordable than most competitors.
While Bitwarden offers a strong feature set, it lacks some of the sophisticated capabilities seen in commercial password managers such as 1Password. For example, it does not provide a security dashboard like 1Password's Watchtower, which monitors for potential security breaches and notifies users of insecure passwords.
| Price range | $1.65–$3.99/mo |
| Emergency access | Yes |
| Biometric login | Yes |
| Two-factor authentication | Yes |
| Autofill | Yes |
| Password generator | Yes |
| Compatibility | Windows, macOS, Linux, Android, iOS, Chrome, Edge, Firefox, Opera, Safari |
| Learn more | Get Bitwarden |
Bitwarden has a high star rating of 4.8 because of its budget-friendly plans, comprehensive autofill and security features, and inclusive compatibility across devices.
Bitwarden received a lower score in the experience category because we found its password sharing process to be complicated.
| Decision factor | Weight | Verdict |
| Our experience | 15% | 4.0 |
| Value | 15% | 5.0 |
| Features | 35% | 5.0 |
| Compatibility | 10% | 5.0 |
| Trust | 25% | 4.5 |
We thoroughly tested and evaluated password managers, considering a range of essential features for small businesses. We believe these features are vital for businesses to ensure the security and efficient management of sensitive data.
By evaluating these features, we narrowed down our top three password managers, offering the best solutions for small businesses.
We put every password manager through vigorous hands-on testing by downloading the software to our own devices. We test how the product works on both mobile and desktop, evaluating how well we're able to save, share, and use passwords across a variety of situations.
By taking a fine-tooth comb through all available features and settings, we carefully compare each product using our proprietary grading rubric. The star ratings take into account price, features, extras like cloud storage and data breach alerts, plus looks at security and privacy features like encryption levels and past data breaches.
To learn more about how we test, check out our full testing methodology here.
Based on our experience, the top three password managers for small businesses are NordPass, 1Password, and Bitwarden. Based on our testing, we'd recommend NordPass as our top pick for small businesses because of its advanced security features, usability, and price.
#1 ranked password manager with a strong history of security
Trusted Nord name backed by best-in-class encryption practices
Grab NordPass on its own or opt for a fully-featured security bundle
Enterprises manage passwords by using password manager plans that are specifically designed for businesses, which offer features such as centralized control, secure password sharing, user management, and access controls. These providers help enterprises maintain complex passwords, reduce the risk of breaches, and streamline enterprise password management across teams.
Password managers that use strong encryption to protect stored passwords and sensitive information are safe. By enabling users to create unique and complex passwords for each account, password managers significantly reduce the risk of breaches.
There is no one-size-fits-all answer, but a good rule of thumb is to change company passwords every 60 to 90 days. It is crucial to balance security and practicality, as changing passwords too often can lead to weak passwords and user frustration. Implementing multi-factor authentication (MFA) and monitoring for suspicious activity can also help enhance security.
#1 ranked password manager with a strong history of security
Trusted Nord name backed by best-in-class encryption practices
Grab NordPass on its own or opt for a fully-featured security bundle
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