What features to look for? Best password manager for MSP
Good news – this is the golden hour for all MSPs that want to expand their offerings.
According to Statista, the size of the managed services market is expected to grow significantly from 2019 to 2025. The forecast is promising – the revenue should reach more than 300 billion U.S. dollars by 2025 (compared with 200 billion in 2020).
If you’ve been considering whether or not to expand your MSP business offerings and start providing password management service, there’s no extra time to miss. The market is ready.
So what are the features the best password manager for MSP should have?
Keep on reading. We’ve got you covered.
Best password manager for MSP: 5 features to focus on
Here are the top 5 features that are mandatory for the best password manager for MSP. This list includes relevant aspects for both your business and your clients.
#1. Secure vault infrastructure
First and foremost, your clients choose you to protect their businesses. The best password manager for MSP has to be secure and provide a way to safely share sensitive information.
A password manager that stores data encrypted and protected with the most advanced cybersecurity technologies (as Secure Authentication, End-to-End Encryption, Two-factor Authentication, etc.) does the job for you. All the data your clients upload to the tool stays protected – only the owner of the data (or people the owner shared with) can access it.
#2. 24/7 accessibility
Always prioritize a password manager that provides real-time synchronization. There’s nothing more frustrating than keep pinging the colleague in the Slack chat to send the newest password. Position your MSP business as the one fixing these clients’ struggles.
Automatic data updates among the mobile, web apps, and a browser extension – this is what you definitely want to provide your MSP clients.
#3. Intuitive design
The tools that are simple and have every feature needed are the new cool. Provide your MPS clients with a password manager that is easy and intuitive to use.
The UX/UI experts spend their time perfecting the design and functionalities so that your clients can save theirs. Include all the non-tech-savvy companies to your potential leads list. The best password manager for MPS is the one everyone can learn to use.
#4. Resell and scaling
This one is for you.
If you have some business expansion plans (we hope you do), consider picking a password manager that provides reselling and white label opportunities.
This way you will immediately eliminate all possible obstacles for your easier and quicker business growth in the future. Plus, the technical support will always be there to back you up.
#5. Tailored to your needs
We’re sure you have some differences that make your MSP business stand out among your competitors. That’s definitely needed in this crowded market. Just keep in mind that there’s a high chance that massively produced tools won’t fit to your business, and will just cause some limitations.
Instead, consider working with a provider that can customize the tool specific to your business needs. The best password manager for MSP should fit your business model perfectly.
It’s easy with the right partner
Finding a tool that ticks all the boxes from this list might be difficult. Luckily, the right partner is already here for you.
PassCamp is a password manager for MSP, recognized for its innovative cybersecurity technologies. The unique vault technology, a low learning curve, and multi-platform solution are what makes this tool one of the best password manager for MSP.
With many teams across the world onboard, PassCamp can offer you the custom-fit solution as well as a resell and white label options.
Partner up with PassCamp and expand your MSP business offerings. Now is the time.
