CyberArk Enterprise Password Vault vs ManageEngine Password Manager Pro comparison

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Executive Summary

We performed a comparison between CyberArk Enterprise Password Vault and ManageEngine Password Manager Pro based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, HashiCorp, Amazon Web Services (AWS) and others in Enterprise Password Managers.
To learn more, read our detailed Enterprise Password Managers Report (Updated: March 2024).
768,578 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The solution is stable and reliable.""If properly set up, CyberArk Enterprise Password Vault has good stability, and is a very solid tool. It can run by itself. Its most valuable features are auto password recycling and PSM.""Super stable and easy to scale""Every aspect of the solution is very well integrated, and even that gives comfort. It is a fail-safe kind of environment.""In terms of stability, there are no complaints.""Password Vault's main advantage is its scalability. We constantly see huge enterprises implementing something like this, and the privileged session management is an excellent piece. You can kind of watch videos of whatever an admin has done.""CyberArk probably has probably the best vault on the market because of the multiple layered security and each password getting its own encryption.""CyberArk has a lot of modules."

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"The security provided is very enhanced and it does a great job of keeping passwords safe.""The support from the customer service team is good, they respond on time, and they always seem to be quite knowledgeable.""It is user-friendly. Someone who doesn’t have a lot of IT knowledge can work with the product easily.""It is very safe and we haven't had any security issues."

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Cons
"Password Vault is much pricier than other solutions. A vendor team might struggle to explain why that price is justified. There are good alternatives that cost less.""There is a little bit of confusion in the implementation part, especially when one tries to understand the actual working of the product.""In the next release, they could simplify the setup and I would like some tasks added like file sharing. When a client connects to CyberArk and wants to put a file on the server, they cannot.""What needs to be improved in CyberArk Enterprise Password Vault is their customer support, particularly in terms of responsiveness, willingness to help, and being more understanding. The initial setup and upgrade process for the solution is complex and can only be done by CyberArk, so this is another area for improvement.""Enhanced PSM support for Java based applications.""I think they can improve account onboarding. For instance, you have to use the Password Vault utility, whereas in Thycotic I think there is a feature in the user interface that allows you to upload your account with an Excel file. So I'd like to have a similar thing in CyberArk.""The initial setup could be simpler but it may not be as effective.""The price is high compared to Azure Key Vault. It's the most expensive solution."

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"There is room for improvement in making the UI more user-friendly.""The user interface could be improved and made more user friendly.""It's a pretty technical solution. It's designed for more technical people."

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Pricing and Cost Advice
  • "This solution is expensive."
  • "The price of this solution is expensive."
  • "This product is very expensive."
  • "CyberArk is very expensive and there are additional fees for add-ons."
  • "It's per-company, license-based."
  • "It's an affordable platform."
  • "Licensing fees are paid on a yearly basis."
  • "Quite expensive"
  • More CyberArk Enterprise Password Vault Pricing and Cost Advice →

  • "On a scale of one to five, with one being expensive and five being competitive, I would rate the pricing of this solution as a five."
  • More ManageEngine Password Manager Pro Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Previously, we used to share passwords for service and normal admin accounts among team members. However, since we started managing it through the product, we've transitioned to individual admin… more »
    Top Answer:The tool's UI has bugs and lags. It needs to be improved. The deployment process can be complex due to multiple components for various functionalities, each requiring separate infrastructure… more »
    Top Answer:The support from the customer service team is good, they respond on time, and they always seem to be quite knowledgeable.
    Top Answer:There is room for improvement in making the UI more user-friendly. When you search for a password, there are some things you can't edit from the search bar, so you have to go back to the main window… more »
    Top Answer:We use the solution as a password vault to store our passwords so that the IT team can access them.
    Ranking
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    4,796
    Reviews
    14
    Average Words per Review
    545
    Rating
    8.4
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    2,127
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    1,594
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    1
    Average Words per Review
    340
    Rating
    7.0
    Comparisons
    Also Known As
    Password Manager Pro
    Learn More
    CyberArk
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    Overview

    CyberArk Enterprise Password Vault, a vital component of the CyberArk Privileged Access Manager Solution (PAM), is designed to create, secure, rotate, and control access to privileged accounts and credentials used to access systems throughout an enterprise IT ecosystem. CyberArk Enterprise Password Vault enables enterprise organizations to better understand the scope of their privileged account risks and put controls in place to prevent malicious or inappropriate account or credential access.

    CyberArk Enterprise Password Vault uses a Central Policy Manager protocol (CPM) to perform the basic password management functions.

    • Verify Password Task - The CPM will pull the password from the vault and use it to log into the application or device to verify that the password is indeed correct and satisfies all the password safety protocols.
    • Change Password Task - The CPM will pull the password from the vault and create a new password that meets all preset protocols. It will send it to the device or application and then begin the process of changing it, using the same method that might be performed manually. The CPM will then update the password in the vault.
    • Reconcile Password Task - This task is utilized when there is a failure in either the Verify Password Task or the Change Password Task. Using a pre-established reconcile account from the vault, the CPM will use the reconcile account credentials to reset or fix problematic password issues due to changed passwords not being updated properly, new accounts being established, or any other failure with the above tasks.

    Enterprise organizations can utilize the easily adaptable policies and protocols to enforce granular privileged access controls, automate workflows, and rotate passwords at prescribed regular intervals without requiring any manual IT effort. Additionally, to satisfy compliance regulations, organizations can easily generate reports to prove that passwords are being changed regularly according to guidelines, meet strict password safety protocols, and report on which users accessed what privileged accounts, when, why, and what device they were using. Enterprise organizations can know at all times that data has remained secure at all times. CyberArk Password Vault will have enterprise organizations audit-ready at all times, keeping them safe and secure from risks while maximizing productivity and profitability.

    Reviews from Real Users

    Irma S., a program manager at a HR/Recruiting firm, said, "I love how easily we could operate within Password Vault and get things done. It was almost effortless."

    Another user, who is a security delivery analyst at a computer software company, relates that CyberArk Password Vault offers, “Good policy configuration and tech support.”



    Password Manager Pro is a secure vault for storing and managing shared sensitive information such as passwords, documents and digital identities of enterprises.

    Sample Customers
    AstraZeneca, Time, DBS, Novartis, Motorola, BT, pwc, Braun, Deloitte, Williams, Revlon, Belgacom, Barclays
    Australian Catholic University
    Top Industries
    REVIEWERS
    Financial Services Firm31%
    Computer Software Company19%
    Comms Service Provider14%
    Retailer6%
    VISITORS READING REVIEWS
    Financial Services Firm24%
    Computer Software Company11%
    Insurance Company7%
    Government7%
    VISITORS READING REVIEWS
    Educational Organization29%
    Computer Software Company13%
    Manufacturing Company7%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business19%
    Midsize Enterprise21%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise11%
    Large Enterprise75%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise37%
    Large Enterprise43%
    Buyer's Guide
    Enterprise Password Managers
    March 2024
    Find out what your peers are saying about Microsoft, HashiCorp, Amazon Web Services (AWS) and others in Enterprise Password Managers. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    CyberArk Enterprise Password Vault is ranked 4th in Enterprise Password Managers with 48 reviews while ManageEngine Password Manager Pro is ranked 13th in Enterprise Password Managers with 4 reviews. CyberArk Enterprise Password Vault is rated 8.4, while ManageEngine Password Manager Pro is rated 7.2. The top reviewer of CyberArk Enterprise Password Vault writes "Helps to store system accounts ". On the other hand, the top reviewer of ManageEngine Password Manager Pro writes "An affordable solution with good tech support, but room for improvement in making the UI more user-friendly". CyberArk Enterprise Password Vault is most compared with Azure Key Vault, HashiCorp Vault, AWS Secrets Manager, Delinea Secret Server and BeyondTrust Password Safe, whereas ManageEngine Password Manager Pro is most compared with Azure Key Vault, Fortinet FortiAuthenticator, HashiCorp Vault, BeyondTrust Password Safe and Delinea Secret Server.

    See our list of best Enterprise Password Managers vendors.

    We monitor all Enterprise Password Managers reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.