SharePoint helps with the exchange of data in the workplace. Documents and data can be easily retrieved by all authorized workers, and data redundancy is avoided. Rather than passing a document from one person to another, and losing track of changes that are being made to the document, everyone works on the same document and sees all changes, no matter who has made them. SharePoint servers can host several applications that can help to ensure the smooth flow of information throughout the enterprise. You can store and share documents, events, calendars, lists, announcements, contacts, links, tasks and more. Custom lists can be created and all can be shared with your team.