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Advantages
- Convenience in Organizing Meetings
-Easier Managment
- Faster Compeltion
- Savings in cost

Dissadvantages
- Network Failure or Equipment Break down
- Language and Cultural Barriers
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Skype is an instant messaging and calling app and a popular communication tool. It allows audio and video calls between multiple devices like one on the laptop and the other on phone. Bring your teams together through group video calls and give great presentation online with the help of screen sharing. You can make free or low-cost calls locally or internationally.

Office online is Microsoft’s free version where you get the core of Office: Excel, PowerPoint, Word, and Onenote.  However, all the features are not available for free but it is quite in the budget. The basic documentation and editing tools are available on the free version and will suit your needs just fine. Save documents, presentations, communicate, collaborate and get great work done.

Dropbox Paper is an all in one collaboration tool for businesses as you can work on everything from video and images to code and sound. Dropbox Paper will bring your ideas to life in a document. You can create new docs or edit already existing ones and work in real time with your team. If you have a Dropbox account, you can use Paper for free.

With OneDrive your team can share can store photos, documents, videos and all file type.  You can store, sync and access your files anytime, anywhere on the web. OneDrive allows you and your colleagues to collaborate with Word, Excel, PowerPoint, and OneNote from your desktop, mobile device, and the web. Now work seamlessly with tools you use every day to create, communicate and collaborate effectively with your system.

Pinterest is a simple and social way for occasional browsers , for people who actively share their business blogs, and for those who pined away anything for their leisure to do it in a visually pleasing way. You can organize ideas and inspiration, save articles, visual content and go back to your boards anytime. You can have active boards or boards that are more than to-do lists, to save your favorites.

Advantages

1. Travel Cost savings.
The greatest tangible benefit is that of savings and travel costs account for a large chunk of the training budget. Arranging for employees to travel as well as arranging for training session is also a tedious and complicated process – especially when employees today have extremely busy schedules and deliverables within tight timelines. With conferring and other web-enabled collaborative tools, employees do not have to travel for training sessions. With recording and saving functions built within, training sessions can also be saved for future utilization or for learners who cannot attend the session live.

2. Communication cost savings.
Another big component in savings is that of communication costs incurred in phone calls, snail mail and other modes of one-to-one communication which, in the absence of collaboration tools, have to be made time and time again to reach out to a large or geographically spread out audience. With conferencing or collaboration tools, a lot of learners can log in to a single platform and attend sessions together. With facilities like two-way chat and direct calls, collaboration is real time – benefitting the learners by addressing their needs there and then.

3. Faster access to Knowledge.
The new-age corporate learner does not need to be coaxed into learning – they are well aware of the many benefits of learning. Collaboration and conferencing tools also make a lot of trainings more available for the learners. Brainstorming sessions with peers encourage even the most shy and introvert learners to come out contribute to social learning. The online platform gives them more comfort than a room full of unknown faces would.

4. Faster access to experts.
Experts within the organization as well as top performers from the industry can be connected with learners with the help of collaboration tools. This provides an opportunity for learners to interact with industry experts and gain from the experience. The learners can share their doubts or queries over the online platform to get answers immediately. They can also join in to listen to a knowledge-sharing talk that helps them to do their work better and boosts their confidence as well.

5. Overall increase in employee satisfaction.
All the above benefits together provide the most important benefit of improving employee satisfaction. Cost savings from reduced travel and communications costs benefit the organization. Most prudent organizations utilize the budgets into creating better training and learning for their employees. With better access to knowledge and industry experts, learners have develop better faith in the organization – enabling them to achieve excellence in the quality of work.

Disadvantages

1. Lack of Face-To-Face Interaction

While online collaboration through video conferencing provides real-time communication between people, it lacks the aspect of face-to-face interaction. For instance, meeting participants cannot argue with one another simultaneously over the online platform because of longer lag times. That may sometimes limit the level of engagement of the employees in an online meeting. And when the quality of video stream is poor, it's difficult for meeting attendees to decipher facial expressions and body language of the presenter.

2. Possibility of Network Failure and Equipment Breakdown

Online collaboration might provide a range convenient and efficient meeting options but network failure and equipment breakdown might limit its use. Participating in online collaboration meetings through video conference also requires the use of huge data bundles, which can be limiting to some attendees. Running out of data bundles leads to disconnection from the internet, which bars attendees from participating in collaborative efforts of finding solutions to a project. Meeting interruptions due to any of these reasons may cause a cross-collaboration team to work beyond the scheduled timelines in order to complete the project. That can delay project discussions and subsequently decision making, which might have significant cost implications.

3. Language and Cultural Differences

The use of online collaboration software has made it easier for companies to bring together employees from different countries to collaborate in a given project. While that might be a good strategy to improve performance, differences in language and culture can limit the engagement of employees working in different regions. That means online collaboration cannot offer meaningful solutions in this case.

4. Incidences of Group Think

Bringing stakeholders from different departments and region to work together may undoubtedly inspire fresh perspectives on the project. However, there is always the threat of group think, where stronger personalities may take over the discussions, persuade and supplant the ideas of others. Such online collaborations might lead to the bosses believing the outcome is a group effort yet it's something that was agreed upon by a few. That might end up lowering the performance of a project as important ideas may be left out in the process.

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Advantages

Convenience of organising meetings.

Faster completion of projects

Cost saving

Get quicker replies on skype than you would email

Saving physical space e.g not having to book a room for meetings

Quicker decision making

Access to global internet

Higher level of creative input

Balance is brought to the decision making process

Provides a better division of work with everyone.

Disadvantages

Lack of face to face interaction

Possibility of network failure

Language and cultural differences if working across the world

Video calls could lag or have poor connection

Emails can get lost in inbox if got high demands of requests

People's voice could get lost if they are on a group call

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- Workplace Collaboration Encourages Creativity
- The Collaborative Process Combines Different Perspectives.
- Collaboration May Improve Delivery Times
- More Productive Meetings

Disadvantages
-  Conflict Within the Group
- Collaboration Often Leads to Longer Decision Times.

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- saves on travel costs
- faster communication times
- saves on communication costs
- flexible work environment
- enhanced security
- boosts productivity
- faster access to knowledge
- collaborate in real time

disadvantages
- network/ program failure
- lack of face to face interaction
- language/ cultural differences
- stronger personalities may take over the conversation
- rely on steady internet connection