Microsoft Corporation (NASDAQ:MSFT) unveiled its public preview of Microsoft Copilot for Finance, a new offering within the Microsoft 365 suite. This extension aims to revolutionize how finance departments operate and is designed to streamline financial tasks, automate workflows, and provide insights.
What Happened: The new addition to the Copilot suite, Copilot for Finance, is set to empower finance professionals with AI-powered, role-based workflow automation, recommendations, and guided actions in their daily work, announced Microsoft in a blog post on Wednesday.
According to the announcement, the Copilot for Finance is now available for public preview. It is designed to address the challenges faced by finance leaders and teams, such as being stuck in data entry and review cycles, preventing them from pursuing more strategic work.
The tool is integrated with widely used productivity apps such as Excel and Outlook, providing workflow and data-specific insights for finance professionals. It draws essential context from existing financial data sources, including traditional Enterprise Resource Planning (ERP) systems like Microsoft Dynamics 365, SAP, and Microsoft Graph.
See Also: Gene Munster ...