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Regardless of your PowerPoint 2016 license type, you have the option to sign in with your Microsoft account or Office 365 school/work account. Signing in offers additional options like accessing OneDrive, free cloud storage, sharing, collaboration, and co-authoring features. You just need a Microsoft account to sign in. The sign-in button can be found on the title bar and in the backstage view under account. Clicking on the sign-in button will bring up a window with updated or changed features.