Office 2021 comes with a perpetual license in return for a relatively expensive one-time fee, paid upfront. You can get Microsoft 365 with a subscription-based model and access all features through recurrent annual payments. Licensing: The most apparent difference between the two products is the licensing model and how users pay for each product.While both Office 2021 and Microsoft 365 include traditional productivity applications like Word, Excel, and PowerPoint, there are differences between the two versions. Read on to discover the benefits and disadvantages of each version so that you can choose the right plan for your organization. This post explains the differences between Office 2021 and Microsoft 365. Through both products, Microsoft offers numerous plans to choose from depending on your organization’s needs and budget. Since 2011, Microsoft has split its Office offerings into two main product categories: Microsoft Office, the traditional stand-alone suite, and Office 365, the online subscription-based service, which controls more than 48% of the market share.  Essential Office software components like Word, Excel and PowerPoint are considered cornerstone applications in today’s business world. When it comes to productivity suites, over 1 billion people across all work fields use Microsoft Office.

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