Thank you for your feedback,
We have the option to set notifications for when members of your team updates your shared file.
There are three different kinds of notifications you can choose to receive:
In App - You can receive notifications right within Word, PowerPoint, or Excel, when people you've shared your file with make changes, edits, comments, etc.
Notification Center - When your collaborators start to edit your file, you can receive a notification in the Windows 10 Action Center or in the notification center of your mobile device.
Email - You can choose to receive an email notification when a change or comment has been made to your file.
You can follow the steps in the link below to set each up;
https://support.microsoft.com/office/9cc94893-02d5-4d96-9b3f-8b9414d5047a#ID0EBBH=Email
Regards.
Jackson.