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BeyondTrust Password Safe vs Intercede MyID PSM (Password Security Management) comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Oct 27, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

BeyondTrust Password Safe
Ranking in Enterprise Password Managers
8th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
27
Ranking in other categories
Privileged Access Management (PAM) (10th)
Intercede MyID PSM (Passwor...
Ranking in Enterprise Password Managers
38th
Average Rating
9.0
Reviews Sentiment
7.8
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Enterprise Password Managers category, the mindshare of BeyondTrust Password Safe is 3.0%, down from 3.4% compared to the previous year. The mindshare of Intercede MyID PSM (Password Security Management) is 0.3%, up from 0.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Market Share Distribution
ProductMarket Share (%)
BeyondTrust Password Safe3.0%
Intercede MyID PSM (Password Security Management)0.3%
Other96.7%
Enterprise Password Managers
 

Featured Reviews

PawanShirose - PeerSpot reviewer
Associate Security Consultant at CyberSec Consulting
Has enabled bulk onboarding and password rotation while ensuring secure privilege management
I have faced stability issues when upgrading BeyondTrust Password Safe solution. The upgrade process can be lengthy compared to other modules. For example, upgrading the appliance and reconfiguring HA is easier in PRA. However, in BeyondTrust Password Safe, the upgrade activity can take longer, and I have occasionally experienced being stuck during appliance version upgrades, sometimes duplicating the upgrade. Regarding additional features, we have good features in BeyondTrust Password Safe compared to other modules, such as Secret Safe to secure secrets and the check-in, check-out functionality. We already have the main features, but I think it would be helpful if BeyondTrust implemented a heartbeat check feature on the privileged account level. This feature would allow PAM to check the credentials of privileged accounts, indicating if they are correct or not, showing if the heartbeat has failed if they are wrong.
Robin Schechinger - PeerSpot reviewer
Product Owner at Telekom Deutschland GmbH
A tool to encrypt and decrypt emails that can also be useful for general access management
I rate the initial setup process of Intercede MyID an eight on a scale of one to ten, where one is difficult, and ten is easy. The solution was deployed throughout the whole organization, meaning the solution was rolled out in my company, and that's it. The solution was deployed in a couple of days. Two people were required for the solution's deployment and maintenance phases.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The best aspect of the product is the ability to onboard devices. You can scan the IP subnets and onboard all the devices. You can then segregate them if it's a network device or a firewall. If it's a Windows server or a UNIX, you can basically scan your IT infrastructure and onboard the efforts, which should be managed. Once they have been onboarded, then the session management and password management are easy and nicely configurable."
"It simplifies your compliance and tracking to benchmark other credentials and analytics."
"I rate BeyondTrust Password Safe as an overall 10 out of 10."
"The solution protects organizations from internal and external threats."
"Its number one feature is discovery. The discovery engine in BeyondTrust is off the charts. When they perform a discovery, you know everything there is about a server, including what software is installed. For example, if you want to group all of your database servers together, you can do that by using discovery and Smart Rules. If a server has Microsoft SQL installed, it gets put into a group based on a Smart Rule. It makes it very easy to determine what is what in your environment. As organizations grow or acquire other companies and merge, they lose track of what they have. BeyondTrust can help you throw a rope around it very rapidly."
"The features I find valuable in Password Safe include password retention and management, session privilege monitoring, live monitoring and recording, and the use of PS automation scripts for creating connections."
"The most valuable feature is the architecture capabilities, which allow designated server components for high availability and failover. It works well with identity and access management solutions, allowing users to be automatically onboarded and offboarded. The account mapping feature makes rollout seamless. The session monitoring capabilities are excellent, with keystroke and graphical monitoring. This enhanced our security posture by providing detailed accounts of user actions. It helped us pass our SOX audits."
"The technical support and customer services are phenomenal."
"The most valuable feature of the solution is the access management."
"The feature for signing documents is important to me."
 

Cons

"I have faced stability issues when upgrading BeyondTrust Password Safe solution. The upgrade process can be lengthy compared to other modules."
"If they can create a single platform to create a connector, it would be better than using the RBS server."
"The only feature they could improve is the banners because they aren't informative. For example, if something is not correct and I open the error notification, the dialogue box simply says, "This is an error." It would be great if they could provide some valuable comments about how to fix the errors."
"It has crashed on us in the past."
"We don't have much control over the appliance. When anything happens in the backend, we have to depend on the support team. We need to raise a case so that they can update the appliance. If we have control over it, we would be able to troubleshoot easily."
"The integration with Secure Remote Access must be improved."
"There are multiple features that have issues, although they could be specific to our environment. What we have seen is that whenever a user gets added to the authentication store, the sync between Password Safe and the authentication store, which is generally easy, takes a lot of time. It does not occur immediately."
"The database instance onboarding should be simplified. The problem is that you can scan the assets and databases inside a server, but you cannot onboard them or manage them with the smart tools. It has to be done manually. I think they should try to include more custom platforms."
"Reporting features would be a good addition to Intercede MyID, as it is one of the areas where the solution lacks."
"I'm not sure whether the solution has a mobile version or mobile dashboard, but that would be nice."
 

Pricing and Cost Advice

"The pricing of BeyondTrust is very good as compared to other products. That was the main reason we decided to go with BeyondTrust at first."
"We just pay for Password Safe. Session management is included, but we don't use it. There aren't any additional costs besides the standard licensing fees. We pay for an annual license."
"The product is quite affordable."
"When you buy Password Safe and perform your initial Discovery, you have all these servers that are added to your assets in BeyondTrust, but you're not using a license until you actually start managing the systems. BeyondTrust's licensing is based on the systems when they're managed, which means when an administrator is able to connect to the server through BeyondTrust with a managed account. There would be a privileged account on the endpoint when the licensing starts. A significant advantage to that is that there are many organizations that want to evaluate their environment prior to automatic management."
"I would rate the pricing a seven out of ten, where one is cheap and ten is expensive."
"The pricing structure is better than the competitors. It's much cheaper than CyberArk. They do the licensing on the basis of assets, not on the number of users. For CyberArk, they base the licensing on the number of users, and they have an expensive model of pricing. BeyondTrust has a cheaper model."
"This solution is not cheap—it's a very expensive solution. Very, very expensive compared to the features and functions that they offer."
"It has subscription-based licensing. BeyondTrust is three times less expensive than CyberArk."
"I rate the product's pricing a seven on a scale of one to ten, where one is cheap, and ten is expensive."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
9%
Computer Software Company
8%
Government
6%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business13
Midsize Enterprise5
Large Enterprise10
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for BeyondTrust Password Safe?
My experience with BeyondTrust Password Safe's pricing, setup cost, and licensing has been positive, primarily due to its asset-based licensing model. This is a significant advantage for us because...
What needs improvement with BeyondTrust Password Safe?
I have faced stability issues when upgrading BeyondTrust Password Safe solution. The upgrade process can be lengthy compared to other modules. For example, upgrading the appliance and reconfiguring...
What is your primary use case for BeyondTrust Password Safe?
I am working on both BeyondTrust Password Safe and the PRA (Privileged Remote Access). I have three years plus experience working with BeyondTrust Password Safe solution, and I have hands-on, good ...
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Also Known As

BeyondTrust PowerBroker Password Safe
MyID
 

Overview

 

Sample Customers

Aera Energy LLC, Care New England, James Madison University
Wells Fargo, Boeing, Airbus, United Health Group, U.S. Social Security Administration, U.S. Department of Homeland Security, Kuwait Government
Find out what your peers are saying about BeyondTrust Password Safe vs. Intercede MyID PSM (Password Security Management) and other solutions. Updated: December 2025.
881,082 professionals have used our research since 2012.