Manually negotiate and manage data sharing agreements with each external party, ensuring compliance through individual audits.

Implement Microsoft Purview's Data Sharing & Collaboration features to automate the definition and enforcement of data access and usage policies, ensuring secure and governed data sharing.

Ignore the need for formal data sharing policies and rely on ad-hoc agreements between parties, focusing instead on rapid data exchange.

Engage a third-party vendor to manage all data sharing activities without integrating Microsoft Purview, to reduce internal workload.

Combine Microsoft Purview's Data Sharing & Collaboration features with manual oversight for critical data exchanges, to ensure flexibility and compliance.