On the Manage People Screen (A), we have Full Members & Guests (B). Under the Guests Access Section (D), we are able to quickly see which folders, lists, and tasks the guests have access to (E) - and remove the ones they no longer need.
This would be a great feature to have, for Teams also (C).
Use cases include when guests from external companies, such as contracted agencies, churn employees frequently - and so adding and removing guests is done much faster through Teams; however, using this method - there isn't a clean way to find out what access that entire team has.
The alternative, is to add access to each guest, each time - which is cumbersome, and doesn't save time.