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

 

Comparison Buyer's Guide

Executive SummaryUpdated on Feb 1, 2026

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
10th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
27
Ranking in other categories
Privileged Access Management (PAM) (8th)
Intercede MyID PSM (Passwor...
Ranking in Enterprise Password Managers
37th
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 August 2026, in the Enterprise Password Managers category, the mindshare of BeyondTrust Password Safe is 2.7%, down from 3.5% compared to the previous year. The mindshare of Intercede MyID PSM (Password Security Management) is 0.6%, up from 0.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Mindshare Distribution
ProductMindshare (%)
BeyondTrust Password Safe2.7%
Intercede MyID PSM (Password Security Management)0.6%
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 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."
"Automation in BeyondTrust Password Safe uses Smart Rules, which eliminate the need for manual onboarding and effectively handle multiple bulk tasks, such as onboarding and mapping."
"The solution protects organizations from internal and external threats."
"The flexibility of the licensing model is significantly better as it offers both unlimited users and unlimited devices, unlike Delinea, which is based on the number of users."
"Screen recording is valuable, and integration with applications is easy. We can customize whatever we want. We did a lot of application integration using scripting."
"The actual innovations offered by the vendor stand out to me. They are quick to respond to market demands and the changing environment of privileged access management."
"The time-saving benefits come from no longer having to remember multiple device passwords."
"It is very easy to deploy. It's easy to use. That's the major thing I like about it."
"The most valuable feature of the solution is the access management."
"The feature for signing documents is important to me."
 

Cons

"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 pricing is not cheap, but it could be better."
"There is a limited capacity on the appliance, which I wasn't informed about when I purchased the product. I can have a maximum of 150 rules per appliance; any more than that and rule processing becomes very complex, especially regarding password revision. Hitting a capacity limit you don't know about can be problematic. Ideally, we would not have a limited capacity, allowing us to be in a completely managed state with password rotation for every service account, not just the highly privileged ones."
"The only improvement I could suggest would be standardizing documentation, but that's more the responsibility of the implementing engineer rather than BeyondTrust Password Trust itself. The documentation must be specific and narrow for implementation, not just broad guidelines."
"The effectiveness of BeyondTrust Password Safe's session management capabilities for SSH and RDP is pretty much robust, but it needs more improvement for other applications and web-based applications."
"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."
"It has crashed on us in the past."
"The only feature they could improve is the banners because they aren't informative."
"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 product is quite affordable."
"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."
"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."
"At the time, BeyondTrust was significantly cheaper than CyberArk. Pricing-wise, if I remember correctly, it goes by assets. The pricing was negotiated for our instances based on the number of assets that we onboard into the system. It is a little different from CyberArk, where the pricing is by users. So, it depends. If you have a lot of assets, it can get very expensive."
"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 pricing of BeyondTrust is very good as compared to other products. That was the main reason we decided to go with BeyondTrust at first."
"I would rate the pricing a seven out of ten, where one is cheap and ten is expensive."
"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
27%
Manufacturing Company
8%
Construction Company
5%
Government
5%
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: August 2026.
909,725 professionals have used our research since 2012.