Multiple active users of shared workbooks

[KarmaTheDog]

Hello all,
I'm wondering if it's possible to be able to have several shared workbooks open and still be able to Compare and Merge those workbooks.

My setup is this: From a shared drive users will access one of several shared workbooks. Ideally I'd like to those workbooks to be able to Compare and Merge even though they are open. Does anyone know if this is possible?

Thank you