Password server takes what is great about RDM for a single user and expands it to an entire team (s)
As a distributed consulting (ERP ISV) practice we have multiple people who need access to privileged information about systems, passwords, and connections. Having a central (on-line and if allowed offline) secure repository that can be accessed from any platform allows consultants to know where to go to get information to help drive successful results more quickly and effectively which make us more valuable to our clients. It provides a professional touch that many firms of our size do not have and is a differentiator in the market.
RDM is incredibly useful for managing multiple type of connections (RDP, VPN, SSH, etc) and the credentials required to use them. Password server provided a central repository for all of this information that is auditable with granular controls for access, edits, and similar. Need to give one user access to a single tree of credentials and connections you can. Need to recover something that some changed incorrectly back to prior value, you can. Need to recover something someone deleted but should not have, you can. Password Server makes the RDM client a powerhouse for a team or organization by holding all the keys securely and using best practices for Privileged Access Management.
Frequent switching between VPN connections cause the server to be "offline" from client perspective and can freeze the client while it finds the path back to the server. You can proactively toggle to offline (if allowed by system admin) and then when done toggle back on and avoid the issue but remembering to do so is the problem.
Great addition for Remote Desktop Manager for enhanced security, but less for smaller companies.
Before Devolutions Password Server we did connect Remote Desktop Manager directly to our SQL server, which is much more insecure then this method.
The ability to use Remote Desktop Manager with your colleagues in a more secure method then by connecting to a sql server directly.
For the smaller companies using the team edition, there is no 2 factor authentication or ip/geo restrictions.