What office software can collaborate?

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Collaboration tools are everywhere in the business world, but if you and your co-workers use Microsoft Office regularly, you may want to keep your work together close to its applications. The following web apps work on their own in your browser, but they also interoperate with Microsoft Office Online or Office 365 to add collaborative features to your workflow.
The biggest collaboration tools that digitally transforms your workspace are typically:

Microsoft Teams
Yammer
SharePoint
OneDrive For Business

Microsoft Teams

Teams is basically a chat-based collaboration platform. It brings together all people, content, and tools that a team needs to stay more engaged and effective. For a common project, the entire team needs to be on the same page. They must be able to chat whenever they need, tag or update actions, share files from any location and that too in real-time. In such a scenario, empower your employees with Microsoft Teams.

Yammer

Say you want to give a shout out to a major achievement on project completion; or want to put up a question to the whole organization to solve a problem; or want to consider communities of a larger group of people to spread a single message, I recommend using Yammer.

SharePoint

We know how frustrating it is to email a document to several people and asking each to add their thoughts. Then think how many versions of the document you will get back. Here, SharePoint has a big role to play. It allows you to work on a single document/presentation at the same time helping to work quicker, providing visibility on the approach others are taking.

OneDrive for Business

OneDrive For Business is not designed as a collaboration tool but it does allow you to share documents with others and co-author them making it a collaboration enabler.
 
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