Cybersecurity

Best Password Managers for Business Teams (2026)

BT
By BizTechScout Team
Updated: January 2026
Fact Checked

Weak and reused passwords are the #1 cause of data breaches. A good password manager isn't a luxury—it's a necessity for any business team.

We tested the top password managers for teams based on security, ease of use, and team sharing. Here are our findings.

SoftwareBest ForRatingPriceAction
1
1PasswordTop Pick
Business Teams & Enterprise Security
4.9
$7.99 per user/moVisit Site
B
Bitwarden
Budget & Open Source
4.7
Free / $3 per user/moVisit Site
D
Dashlane
Built-in VPN & Extra Features
4.5
$8 per user/moVisit Site
L
LastPass
Well-Known Option
4.2
$4 per user/moVisit Site

In-Depth Reviews

Top Recommendation

1Password

Best For: Business Teams & Enterprises

1Password is our top pick for business teams. The interface is clean and easy, sharing passwords with team members is completely secure, and security is top-notch. The Watchtower feature alerts you to weak or leaked passwords.

What We Like

  • Best user interface on the market
  • Secure team sharing (Vaults)
  • Breach alerts via Watchtower
  • Excellent apps for all platforms

Cons

  • More expensive than competitors
  • No free plan available

Bitwarden

Best For: Budget-Conscious & Transparency

Bitwarden is the best choice if budget is tight or you prefer open-source software. The code is publicly available for review, meaning complete transparency. The free plan is great for individuals, and teams get excellent features at a very low price.

What We Like

  • 100% open source (full transparency)
  • Cheapest team option ($3/user)
  • Self-hosting available
  • Excellent free plan for individuals

Cons

  • Interface less polished than 1Password
  • Some advanced features need setup

Dashlane

Best For: Extra Features Like VPN

Dashlane stands out with extra features others don't offer. A free VPN is included for secure browsing, and dark web monitoring alerts you if your data appears in any leak. The interface is very beginner-friendly.

What We Like

  • Free VPN included
  • Dark web monitoring
  • Beginner-friendly interface
  • Automatic password changer

Cons

  • Slightly expensive
  • VPN is basic, not full-featured

Frequently Asked Questions

Are password managers safe?

Yes, very safe if you use a reputable service. All services on this list use AES-256 encryption and zero-knowledge architecture, meaning they can't see your passwords even if they wanted to.

What if I forget my master password?

Most services cannot recover it for security reasons. But 1Password and Bitwarden provide a recovery kit you should save securely. We recommend writing it down and storing it in a safe place.

Which is best for small businesses?

If budget matters, Bitwarden at $3/user is excellent. If you want the best user experience, 1Password is worth the extra cost.