Finance scenario: Procurement insight acceleration

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Available with: Copilot for Finance (includes Copilot for Microsoft 365) Scenario level:
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KPIs impacted

Supply chain costs

Value benefit

Cost savings

Using Copilot to procurement insight acceleration


1. Collaborative document review​

Utilize Copilot for Finance in Excel to check for spending variances versus product deliverables.​

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Copilot in Excel

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Copilot for Finance (Preview)

Streamline contract review processes, Reduce manual effort, and ensure compliance.

2. Prepare for a meeting

In Outlook, use Copilot for Finance to display information about prior contracts and supplier payments to be confident you are negotiating with the latest info.

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Copilot in Outlook

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Copilot for Finance (Preview)

Streamline contract review processes, Reduce manual effort, and ensure compliance.

3. Efficient meeting summaries

In the Supplier meetings, use Copilot in Teams to summarize agreements on deliverables and capabilities. Next, assign a rating based on established criteria.

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Copilot in Teams

 Improve meeting efficiency, capture essential points, and facilitate follow-up actions.

4. Interactive brainstorming

Have Copilot search data from contracts, meetings and e-mails to create a table of various suppliers organized by service delivered with a detailed assessment.

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Copilot2

Boost creativity, foster collaboration, and generate innovative solutions.

5. Customized process documentation

Use Copilot in Word to generate new supplier contract terms and recommendations for updated preferred vendor lists.

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Copilot in Word

Standardize procedures, reduce errors, and empower team members with comprehensive reference material.

1Access Copilot at copilot.microsoft.com or the Microsoft Copilot mobile app and set toggle to “Web”
2Access Copilot at copilot.microsoft.com, the Microsoft Copilot mobile app, or the Copilot app in Teams, and set toggle to “Work”