Re: It can become cost prohibitive
Instead, the organization can outsource it completely and it's no longer a problem.
Of course then you have an entirely new set of problems starting with GDPR compliance, data leakage, cloud providers deciding you're last in line for a fix, connection troubles, being held for ransom with rate hikes or mandated software "upgrades", deciding your app isn't worth supporting any longer, etc.
When just making sure the CEO had a copy of all passwords available would have fixed this at no extra charge.
But don't let that all get in the way of your cloudy sales pitch!