Password Managers: A Practical Guide for Accountancy Firms

Password policy alone hasn't been enough for a long time. The bigger question for most accountancy firms is access management as a whole — who has access to what, why, and whether that access gets removed promptly when someone changes role or leaves.

Beyond the password

Multi-factor authentication closes off a large share of account takeover attempts even when a password is compromised, and rolling it out across a firm's cloud stack is one of the highest-value security changes most firms can make. Password managers reduce reuse across systems, which remains one of the quietest but most common causes of breaches.

Managing the full lifecycle

Privileged access — admin rights, finance system access, client portal permissions — should be reviewed regularly, not just granted once and forgotten. A clear joiners, movers, and leavers process ensures access is added when needed and removed just as promptly when it isn't.

We help accountancy firms design access management processes that hold up as the firm grows, not just on day one.