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If you want to buy Microsoft Office for your business, you have a lot of options. But understand the difference between these options - the most obvious is between Office 2016 and Office 365 - can be confusing.
Is a spreadsheet program. Although the program is typically used for financial reporting, it allows users to enter information into individual cells on the chart. Spreadsheet software allows you to create complex mathematical formulas based on user needs. This way, when you type new data into a cell, you can automatically calculate the sum, equations, and other information. Microsoft first released Excel
Short version: Office 2016 is a version of the Office productivity suite (Word, Excel, PowerPoint, etc.) that is typically accessed from the desktop. Office 365 is a cloud-based subscription to a range of programs, including Office 2016. This means you can choose to purchase Office 2016: standalone products or as part of an Office 365 subscription.

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Which is right for me? Factors to consider:
When deciding which version of Office 2016 or Office 365 is right for you, consider the following:
Expected procedures and functions
Learn more about which programs and features are important to you. If you only need basic Office programs (such as Word, PowerPoint, and Excel), a standalone version or lower-level Office 365 plan may be sufficient. If you are looking for more powerful features or access to programs like SharePoint, you need Office 365.
Office 2016: The standalone Office 2016 is the same as the previous version of Office because you must first install the new version of Office to access the new features. In May of this year, Microsoft announced the release of a preview version of Office 2016. Similar to the update method of Windows 10, Office 2016 is updated based on user feedback and suggestions, and new features will be added continuously. Today’s official Office blog stated that the Office 2016 Preview Update 2 update will be officially promoted today, bringing many new features. The detailed features are as follows:
Add table
In Excel, six new charts have been added to users, including "Waterfall", "Histogram", "Pareto", "Box and Beard", "Tree Map" and "Chaoyang". The renderings are as follows:
Word real-time social editing function
From now on, if you want to know where your colleagues work and what is their typing style. Then take a look at this feature. In Word's real-time collaborative input function, you can always see other people's work and input. If you want to experience this feature, you need to save the document to OneDrive for Business and invite your colleagues to edit it.