Microsoft has just introduced Copilot for Finance, an AI-powered tool within Microsoft 365 aimed at revolutionizing how finance teams manage their daily tasks. This latest addition joins Copilot for Sales and Copilot for Service to provide tailored AI assistance across various business functions.

Finance departments often struggle to balance operational tasks with strategic responsibilities. Copilot for Finance addresses this challenge by automating routine tasks, allowing finance professionals to focus on delivering strategic counsel and insights.

Integrated with Microsoft 365, Copilot for Finance leverages essential context from existing financial data sources, including ERP systems like Microsoft Dynamics 365 and SAP, along with the Microsoft Graph.

In its public preview, Copilot for Finance introduces several features to streamline financial operations:

– Conducting variance analysis in Excel with natural language prompts.
– Simplifying reconciliation processes with automated data comparisons.
– Providing comprehensive customer account details in Outlook for expedited collections.
– Generating presentation-ready visuals and reports from raw data in Excel.

Already proven valuable by over 30,000 organizations, including dentsu, Lumen Technologies, Northern Trust, Schneider Electric, and Visa, Copilot has delivered tangible benefits across sales, service, and finance departments.

Visa’s CIO Don Hobson praises the transformative effect of Copilot on their work culture. Carolyn Isaacs from dentsu acknowledges the tool’s potential to optimize routine processes and enhance the impact of finance professionals. Shaelyn Otikor from Northern Trust also commends Copilot for modernizing their client relations organization and streamlining processes.

Businesses of all sizes are increasingly adopting Microsoft Copilot to strategically empower their employees, drive innovation, and create new business value.