Can You Use MS Office 365 with PeopleSoft?

One of our PeopleSoft Client - The business would like to switch from normal MS Office to Office 365 for some reason!!

Details from oracle support:
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June 6, 2014. Microsoft has released a new licensing option for their Office suite, Office 365.  There are a number of licensing options for businesses, with different billing options and numbers of users.  Some of the options include the desktop versions of various Office products, some do not.  

For quite some time PeopleSoft has enabled the use of several of the Office desktop products such as Excel with PeopleSoft nVision, and Word with several PeopleSoft applications.  PeopleSoft’s certification of these Office products depends on a local installation of the desktop application.  If PeopleSoft customers would like to subscribe to Office 365 instead of purchasing an Office desktop license, they may do so as long as they select a subscription which includes access to the desktop version of the applications.  A good comparison of business options for Office 365 can be found on Microsoft’s website.

Oracle plans to continue to certify new Office desktop products like Office 2013 with PeopleSoft applications on a timely basis.  As Microsoft releases updated versions, Oracle will promptly evaluate and certify these new versions.  For information on the latest Office 2013 certifications with PeopleTools 8.53, please refer to the following Tech Update:

First Certifications of Office 2013 Now Complete for PeopleSoft Note:1628388.1

Reference DocID:
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Tech Update – Support of Microsoft Office 365 with PeopleSoft (Doc ID 1680324.1)