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I assume you’re not using the online version of Office 365. It’s collaboration capabilities are better than most people give it credit for.

• arethuza 6y ago
  Collaborative editing is supported by the desktop apps as well - I use it in Word a lot and it works pretty well. Your document has to hosted in SP online though.
  • MikusR 6y ago
    Or Onedrive.
    • arethuza 6y ago
      I think the backend for OneDrive for Business pretty much is SharePoint Online.