What do "collaboration features" in Microsoft Office allow users to do?

Collaboration features in Microsoft Office enable users to work on the same document simultaneously. This functionality is particularly useful for teams needing to edit documents in real time, facilitating efficient communication and cooperation. Users can see each other's changes as they happen, which streamlines the process of editing and reduces the need for back-and-forth versions of files. This real-time collaboration helps ensure that all team members are on the same page and can contribute to the document effectively, whether they are in the same location or working remotely.

On the other hand, while formatting documents in various styles, generating automated reports, and encrypting documents for security are all important capabilities of Microsoft Office, these functions do not specifically pertain to the aspect of collaboration among multiple users working at the same time on a shared document.