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Can we use Immersive Excel experience in CRM 2016 Online without other O365 services?

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Hi,

I have CRM Online (2016) environment and want to use Excel Online capabilities in the same. Are there any prerequisites for the same?

I read this link and did not understand meaning of below contents:

"This feature requires that you have an Office 365 subscription or a subscription to an online service such as SharePoint Online or Exchange Online."

Does this mean, I should always have SharePoint/Exchange Online subscription or only CRM Professional license is sufficient?

Thanks in advance for your inputs.


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