Microsoft Copilot for Finance: Revolutionize Finance with AI

Finance teams are at the heart of every organization, charged with a multitude of critical yet complex tasks. From managing processes such as credit and collections to risk management and compliance – finance teams are crucial. Microsoft introduces a solution to help finance teams reclaim time and stay on top of critical decisions that can impact business performance: Microsoft Copilot for Finance.

🌐 What is Microsoft Copilot for Finance?

• A new Copilot experience within Microsoft 365 that unlocks AI-driven competencies for finance professionals.
• Connects to the organization’s financial systems, including Dynamics 365 and SAP, to provide task-specific workflow automation, guided actions and recommendations in Microsoft Outlook, Excel, Microsoft Teams and other Microsoft 365 applications.

🔍 Key Benefits:

• Automates time-consuming tasks: Lets you focus on what really matters and navigate the business to success.
• Innovation to accelerate fiscal management: Helps finance teams innovate critical processes and improve efficiency.
• Accomplish more with less: Provides AI-driven assistance while working in Microsoft 365 applications, streamlining and automating financial processes.

🔑 How does it work?

• Streamline audits: Pulls and reconciles data with a simple prompt.
• Simplify collections: Automates communication and payment plans.
• Accelerate financial reporting: Detects variances with ease.

🎯 Built for Financial Professionals:

• Variance Identification: Helps financial analysts reduce the risk of reporting errors by automatically identifying unusual patterns.
• Financial Statement Audits: Simplifies the steps involved in auditing financial statements.
• Collections Process: Supports the collections process from start to finish, allowing collections staff to focus on more meaningful customer interactions.

🚀 Our Journey with Microsoft Finance:

• Significant Time Savings: Financial analysts now spend an average of only 10 minutes per week on data reconciliation, thanks to Copilot for Finance.
• Cost savings: Based on pilot usage, this leads to an average of 22% cost savings in average handling time.

Availability of Microsoft Copilot for Finance:

Ready to take the next step? Microsoft Copilot for Finance is now available for public preview. Find out about the public preview demo and stay tuned for additional announcements by following us on social media.

🔗 S ign up for Copilot for Finance

With Microsoft Copilot for Finance, finance professionals can accelerate their impact and possibly even reduce the cost of finance operations. It’s time to embrace the future of financial management with the power of AI.