What is Office 365?
Office 365 is a collection of productivity apps powered by Microsoft which lets you run your business on the go. With Office 365 you get spam free Emails along with apps such as Word, Excel, and PowerPoint.
You can communicate seamlessly with your teams across the globe with Microsoft Teams and Skype. With 1 TB cloud storage (only on select plans) you can access your files and collaborate with your team from anywhere.
What is a Office License?
A license is associated to one of the plans being sold for Office 365. When you create a user account under a plan, a license is assigned to that user account. You will be charged for the licenses purchased under your order irrespective of whether they are assigned to an account or not.
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Advantages of Office 365
Your IT team is probably busy enough as it is. Among the soft benefits introduced by Office 365 is the ability to take application installation and troubleshooting off those team members’ plates. That frees them up for more valuable work and boosts productivity. Instead, this kind of IT work gets passed to the experts: Microsoft’s admin center spells out the whole setup process, which is a lot easier than configuring an exchange server. And new updates occur automatically, the minute new releases are available, although you can turn off automatic updates if you prefer.
A joint study executed by Forrester Consulting and commissioned by Microsoft found a 154 percent return on investment for a small- to mid-sized company switching to Office 365. On average, most businesses achieved payback in 5.1 months and were able to lower overhead by $8,100 by eliminating third-party software and services. Typically, companies experience lower licensing costs when they purchase and install Office 365, since there’s no need to buy all-new software and licenses every time a new release becomes available. Instead, businesses pay a per-user monthly subscription fee. While recurring, this fee typically includes product updates, patches and new releases.