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Use a retention policy to assign the same retention settings for content at a site or mailbox level, and use a retention label to assign retention settings at an item level (folder, document, email).

The core differences between E3 and E5 are audio-conferencing features and security functionality. But there are also other benefits, including advanced analytics, compliance and information protection, and advanced retention policies for email.

The main difference between the Microsoft E3 and Microsoft E5 licenses is that the Microsoft E5 license includes more robust security and analytics tools for larger enterprises. If you need these features, then the Microsoft E5 license is the better option for your organization.

An E5 Licence allows for automation when compared to E3 which does not. Notable Features with Microsoft Office E3 Licenses: Apply sensitivity labels manually in Microsoft 365 Apps using built-in labeling, in Office for the Web and Office Mobile, and in SharePoint sites, Teams, and M365 Groups.

With E3, the document has to be tagged manually, however with E5 you can configure AIP to automatically apply tags when conditions are met, such as if the document contains sensitive information. A key set of features we at Perspicuity use heavily are Audio Conferencing and Phone Systems.

To declare documents and emails as records, you use retention labels that mark the content as a record or a regulatory record. If you're not sure whether to use a record or a regulatory record, see Compare restrictions for what actions are allowed or blocked.

An E5 Licence allows for automation when compared to E3 which does not. Notable Features with Microsoft Office E3 Licenses: Apply sensitivity labels manually in Microsoft 365 Apps using built-in labeling, in Office for the Web and Office Mobile, and in SharePoint sites, Teams, and M365 Groups.