Finance scenario: Contract management
Available with: Microsoft 365 Copilot Scenario level:
KPIs impacted
Reduce spend
Risk management
Value benefit
Cost savings
Employee experience
Using Copilot for contract management
1. Recap a meeting
Catch up on the key discussion points, decisions, and action items from a missed meeting.
Copilot in Teams
Example prompt: Summarize this meeting and provide the key points and action items.
2. Evaluate contracts
Based on an action item from your missed meeting, ask Copilot to compare multiple contracts for changes and provide considerations and recommendations based on the scenario.
Business Chat2
Example prompt: Evaluate [contract1.docx] and [contract2.docx]. As a [finance ops manager], create a comparison table outlining the key differences and risks.
3. Summarize comparisons
Synthesize the contract comparisons and generate summaries and insights.
Copilot in Word
Example prompt: Summarize this document [summary.docx] into 5 key takeaways in paragraph form.
4. Generate a presentation
Create a presentation that summarizes the key takeaways and includes recommendations based on the identified risks.
Copilot in PowerPoint
Example prompt: Create a presentation from file
[summary.docx] and include the team’s recommendations.
5. Collaborate with team
Brainstorm with colleagues on the draft presentation to incorporate diverse perspective.
Copilot in Loop
Example prompt: Create a space for team members to contribute ideas for the presentation. Start with a list of topics and details from [summary.docx]. “Summarize page” so team members can get a quick recap.
6. Communicate recommendations
Send an email to colleagues soliciting feedback on the presentation. Include the Loop for more efficient collaboration.
Copilot in Outlook
Action: Use Coaching by Copilot to enhance the tone of your email while conveying urgency in your request. Tone is Direct and Length is Short.
1Access Copilot at copilot.microsoft.com or the Microsoft Copilot mobile app and set toggle to “Web”.
2Access Business Chat at copilot.microsoft.com or the Microsoft Copilot mobile app and set toggle to “Web”.
3Copilot agents allow Microsoft 365 Copilot to access your organization-specific apps. In the past, this would have required an API call to get data from a system of record. The content in this example scenario is for demonstration purposes only. You should evaluate how Copilot aligns with your organization’s business processes, regulatory requirements, and responsible AI principles.
The content in this example scenario is for demonstration purposes only. You should evaluate how Copilot aligns with your organization’s business processes, regulatory requirements, and responsible AI principles.
