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The solution MS would LIKE you to use is Dynamics 354 for Sales. Obviously provides way more functionality than just a contacts list, but the sync service to Outlook (Exchange Online) is very capable.
Baring that, have you looked at using an integration solution such as SyncApps or Zapier? (you would need to check to see if either of them support that scenario, but they might)
Hi Lorne,
Yeah, sounds as a good sales tactic. But I find it rather annoying that a useful feature from the current suite of paid applications (our company for sure pays a lot for the 365 business subscription) is "deprecated" and nothing is coming from Microsoft as a replacement?! Not really a fair situation to urge us to buy additional stuff to be able to keep on working ...
BR, Patrick