The applications available to the user depend on the bundle type purchased.Office 2016 applications such as Word, Excel, PowerPoint, Publisher, and Access can be installed as separate apps if the entire office suite isn’t required. Office 2016 is Microsoft’s latest version of the well-known desktop office suite with access to OneDrive for cloud storage. Depending on your subscription plan, Office 365 lets you work in the cloud or locally.It is mandatory for users to have a Microsoft Account to gain access to Office 365.It allows access to a variety of cloud services and Microsoft’s office applications (Office 2016) which can also be installed locally across multiple devices to allow for working offline. Office 365 is a Microsoft product that offers a cloud-based office solution using subscription plans.