The benefits of using a PAM system include increased security, improved compliance, better access controls, more efficient onboarding and offboarding processes, and improved auditing capabilities. A PAM system can also help reduce the risk of password misuse, increase collaboration across teams and departments, and simplify the management of privileged users. Companies that use a PAM system also benefit from improved visibility into user activity across their network, allowing them to quickly identify and address any potential threats or issues.