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Intercede MyID PSM (Password Security Management) vs LastPass Business 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

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
LastPass Business
Ranking in Enterprise Password Managers
7th
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
22
Ranking in other categories
Single Sign-On (SSO) (7th), AIOps (7th)
 

Mindshare comparison

As of July 2026, in the Enterprise Password Managers category, the mindshare of Intercede MyID PSM (Password Security Management) is 0.6%, up from 0.1% compared to the previous year. The mindshare of LastPass Business is 3.7%, up from 3.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Mindshare Distribution
ProductMindshare (%)
LastPass Business3.7%
Intercede MyID PSM (Password Security Management)0.6%
Other95.7%
Enterprise Password Managers
 

Featured Reviews

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.
John Lewis - PeerSpot reviewer
Senior Software Engineer at EY
Centralized password vault has transformed access control and dramatically improved security
LastPass Business is a seamless password management tool. Now we use it across the company and it helps streamline the storage and retrieval of the myriad of passwords that we all encounter on the web these days, making it easy to share across accounts and help individuals get access to the passwords they need to do their jobs quickly and easily. It is a better alternative than having to remember passwords or write them down on Post-it notes, especially as most of our staff has transitioned to remote work. It solves most of our information technology and cybersecurity issues. LastPass Business does a good job of organizing passwords and making it easy to share some and not others. I have a personal and a company LastPass Business account, and it is seamless to shift between them. The website autofill integration is great and makes logging into sites a breeze. Autofill helps us log in seamlessly to various apps where we do not have to remember the password; it automatically autofills the password and we are able to log in, saving a lot of time. LastPass Business has a good structure to manage different departments' passwords and suggests strong passwords when setting up new accounts. It allows users to not have to remember the password since it is saved securely. It has a Vault that saves and stores organization-wide credentials. I love that because it is very secure and saves time from having to ask a coworker for their logging information. We are able to share that information and remotely collaborate easily. It has increased our security by 40 to 55 percent because LastPass Business has a Vault that saves and stores organization-wide credentials where it is very secure and easy to access. It saves time from having to ask a coworker for their logging information, takes the stress out of worrying about internet security and related threats, and helps make the onboarding and offboarding process easier for the HR and OPS teams with little concern for employees changing logins and little to no worry about data breaches and other security issues. Since we deployed it, we do not have to waste time logging into multiple apps in my organization. It makes it very easy for new hires to be able to log in to multiple apps within LastPass Business, saving a lot of time. LastPass Business is deployed in my organization as a Hybrid Cloud.

Quotes from Members

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

Pros

"The feature for signing documents is important to me."
"The most valuable feature of the solution is the access management."
"LastPass Business is the ultimate password manager, which allows us to share account sign-in details with others on our team without disclosing the username and password."
"This product helps keep us secure."
"Since I started using LastPass Business, everything has been positive because I have seen an increase in data protection."
"It definitely has allowed us to manage the passwords a lot better, and from a security standpoint we don't have to worry about changing passwords every time one person leaves, which is a big improvement in our productivity."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
"LastPass Business has positively impacted my organization by being an ideal tool for our company, giving us peace of mind with secure, easy-to-use password management for all our staff, significantly reducing security breaches and saving time by cutting password resets by forty-five to fifty percent."
"The fact that LastPass stores our passwords in an encrypted format, rather than being stored in somebody's email or text documents, is incredibly important to us."
"Until now, I haven't found anything like the dashboard. It gives you a security score. I find that to be really great. The Sharing Center is really great as well. And the Security Challenge is really great too."
 

Cons

"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."
"Some of the areas that need improvement for LastPass Business include that the user interface could use a refresh, which would be great."
"The customization features lack in the console, such as giving the users a little bit more customization as far as what kind of Multi-Factor Authentication (MFA) they want to set up."
"The random logouts are very frustrating."
"LastPass Business has positively impacted my organization by making it more secure for critical applications and providing better visibility into weak passwords in use by department users, although the admin portal needs some work."
"LastPass Business does not allow people to copy and save passwords from shared folders into a personal vault."
"When a user loses their phone and forgets the password, they cannot be reset by an administrator. That is frustrating, and I would like the ability to silently pre-install."
"The two main reasons my company cannot move to LastPass are because of the synchronization issue and the poor communication."
"LastPass Business could be improved by allowing the choice of a default browser on mobile instead of the LastPass browser."
 

Pricing and Cost Advice

"I rate the product's pricing a seven on a scale of one to ten, where one is cheap, and ten is expensive."
"I have been involved with many password managers. Passportal, Secret Server, CyberArk, and BeyondTrust. I chose LastPass for our organization because of the pricing. The organization didn't want to implement something really expensive. LastPass, for what it's offering, for the price that it's offering the service, is unbeatable."
"I was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"If you import from sources like XML, keepass, CSV files be sure to clean the import files, this reduces the adjustments in the slow tool itself."
"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
"LastPass was cheap as chips. It was very cheap, hence one of the reasons we went with it. If you're a small organization and you're after something that'll do 90% of your requirements, it's very good. Licensing and all that was really cheap and simple to understand."
"The subscription model is rated at a fair price."
"The previous pricing was of good value. I don't really know, as of now, whether the new pricing is. The Enterprise license is $48 per license per year now. That is a steep increase of $24, which is what it was when we first signed up."
"In terms of pricing, my feeling is that they are all roughly the same. LastPass is in line with its competitors, plus or minute a dollar or two per month."
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Top Industries

By visitors reading reviews
No data available
Manufacturing Company
13%
Financial Services Firm
12%
Comms Service Provider
7%
Computer Software Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business8
Large Enterprise17
 

Questions from the Community

Ask a question
Earn 20 points
What is your experience regarding pricing and costs for LastPass Enterprise?
My experience with pricing, setup cost, and licensing is that it is a very cost-effective and affordable tool.
What needs improvement with LastPass Enterprise?
LastPass Business can be improved by making the user log section much clearer and having more accurate options. An improvement needed is to add an option in the settings that automatically changes ...
What is your primary use case for LastPass Enterprise?
My main use case for LastPass Business is that it is being used across the whole organization, helping us by unifying and centralizing password management for all our users. With users having more ...
 

Also Known As

MyID
LastPass Enterprise, Lastpasss Teams
 

Overview

 

Sample Customers

Wells Fargo, Boeing, Airbus, United Health Group, U.S. Social Security Administration, U.S. Department of Homeland Security, Kuwait Government
Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
Find out what your peers are saying about Intercede MyID PSM (Password Security Management) vs. LastPass Business and other solutions. Updated: June 2026.
902,988 professionals have used our research since 2012.