I had completely forgot about this thread...

My vault manager did work for a couple of months.  But then it stopped working (it asks to change the password every time).

It is a buggy piece of software (well, it isn't as buggy as the QB Statement Writer...had to give up on that a few years ago because it would lock up all the time).   The vault manager password problem has happened on more than one computer for me, with new Windows installs, and updated versions of QB.  It simply does not work.