The Enterprise Password Safe was created to solve a fundamental security problem that occurs in organizations with Information Technology departments of all sizes. The EPS solves the problem of password management, protection, and access auditing in multi-user, multi-system environments. The Enterprise Password Safe empowers management with the ability to control which groups or individual users have access to view or alter specific password entries. The Enterprise Password Safe acts as an effective solution for the password management problems of privileged accounts by eliminating the need for physical envelopes holding different passwords, individual disconnected password safes, or the circulation of passwords that may or may not be used. It ensures the data is stored in an encrypted form to prevent unauthorized access.