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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 programs 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 a lower-level Office 365 plan may be sufficient. If you are looking for more powerful features or have access to programs like SharePoint, you need Office 365.
Office 2016: Stand-alone Office 2016 is the same as previous versions of Office because you cannot access new features until a new version of Office is installed.
Office 365: Because Office 365 is a subscription service, you can access new features as they become available. You can also access more features.
If you need to access information from multiple devices, Office 365 is your best choice. Although files in Office 2016 can be saved to the cloud, Office 365 gives you more access options and you can install Office on multiple computers. It also enables you to access the online version of the Office program from any device with an Internet connection.