Many Companies still use Emails with attachments for Team Collaboration . This is a very inefficient method to Collaborate. Office 365 Cloud Productivity Platform offers multiple ways to Collaborate . Some of the tools are Yammer , SharePoint , OneDrive for Business , Skype for Business.
There is one more method available for Team Collaboration. Its called Office 365 Groups . And the best part is that it is available within Outlook or can also be used with Outlook Web Access.
To know more about how it works here.
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with warm regards
Microsoft MVP 2009
Microsoft Worldwide Partner of the Year 2011 & 2007