Microsoft Scenario Library Finance

Using Copilot in Finance

AI is transforming crucial tasks in Finance such 
as budgeting, forecasting, financial analysis, and corporate performance management.

Download the Finance scenarios kit

Scenarios

Transform Finance processes

Planning & analysis

Lack of insight into customer and market trends can lead to reactive rather than proactive processes, reducing the ability to capitalize on market opportunities.

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Analyze cashflow variances

Identify cash flow issues with Copilot for Finance

Available with: Microsoft 365 Copilot for Finance

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Intelligent sales forecasting​

Copilot can help you use Python to analyze data

Available with: Copilot for Microsoft 365

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Financial insights

Use natural language search and smart agents to query data for deeper insights or ask about potential risks due to recent regulatory changes.

Available with: Microsoft 365 Copilot for Finance and Copilot Studio

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Launch a new accounting app

Rapidly create training content to get users up to speed with new applications that help them be more productive.

Available with: Microsoft 365 Copilot

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Optimize your financial operations

Use Copilot to complete simple tasks like data collection or catching up with news and trends during the day to enable focus on more valuable analysis.

Available with: Microsoft 365 Copilot Chat

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Build a business case

Enable better collaboration and faster analysis of investment decisions.

Available with: Microsoft 365 Copilot for Finance

Record to report

Having data stored in disparate environments can slow decision making and reporting.

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Analyze business performance

Make better decisions using Copilot for Finance

Available with: Microsoft 365 Copilot for Finance

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Reconcile financial data to accelerate period closing​

Improve time to close with Copilot for Finance

Available with: Microsoft 365 Copilot for Finance and Copilot Studio

Risk management & compliance

Data silos and lack of scenario planning characterized by delayed responses to market changes, leaving the organization vulnerable to unforeseen financial threats and compliance breaches​.

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Automate financial query management

Create chat bots to answer internal questions about finance processes.

Available with: Copilot Chat and Copilot Studio

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Update a guidance document

Rapidly update guidance documents to match new regulations.

Available with: Microsoft 365 Copilot

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Accounting document evaluation

Rapidly update guidance documents to match new regulations.

Available with: Microsoft 365 Copilot

Procure to pay

Inefficient invoice processing and procurement approvals, inconsistent policies, lack of spend intelligence resulting in higher costs.

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Procurement insight acceleration

Enable faster speed to insights for contract data, supplier spend, and procurement business processes.

Available with: Microsoft 365 Copilot for Finance

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Contract accounting guidance

Understand contract terms and collaborate on updates.

Available with: Microsoft 365 Copilot

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Contract management

Understand contract terms and collaborate on updates.

Available with: Microsoft 365 Copilot

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Amendment comparisons

Understand contract terms and collaborate on updates.

Available with: Microsoft 365 Copilot

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Contract review

Understand contract terms and collaborate on updates.

Available with: Microsoft 365 Copilot

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Collections coordination

Speed the collections process.

Available with: Microsoft 365 Copilot for Finance

KPIs

Opportunity to impact key functional area KPIs

How Microsoft Copilot can help average request times

Microsoft Copilot can help with lowering resolution times which in turn ​leads to increased agent productivity and higher customer satisfaction rates.​

How Copilot can improve risk management

Finance teams grapple with complex tasks—from credit and collections to risk management and compliance. Get real-time insights and strategic recommendations. By automating mundane tasks, Microsoft Copilot frees up time for critical decisions, streamlining audits, simplifying collections, and accelerating financial reporting.

How Microsoft Copilot can reduce finance department spending

As a cost center, Finance teams face the challenge of constantly achieving more with fewer resources. By assisting with everyday tasks, Microsoft Copilot can help increase time for additional analysis, proactive audits, collections processes, and financial reporting.

How Copilot can help reduce spend on financial systems and tooling

Microsoft Copilot can be extended into processes to bring data together and speed decision-making without performing expensive updates to financial systems.

How Microsoft Copilot can help reduce days sales outstanding

Collections play a crucial role in any business. Timely and efficient collections help ensure healthy cash flow, liquidity, and operational efficiency.