Finance scenario: Contract review

Download scenario guide
Available with: Copilot for Microsoft 365 Scenario level:

KPIs impacted

Reduce spend

Risk management

Value benefit

Cost savings

Employee experience

Using Copilot to contract review

1. Find the asks in your emails​

Use Copilot to catch up on emails regarding the latest Contoso deal to prepare for a consultation with an internal deal stakeholder.​

Microsoft Copilot icon


Catch me up on the emails about the Contoso deals. Summarize the latest requests. ​

2. Recap a meeting

Catch up on the last meeting with the stakeholder using Copilot in Teams to ensure clarity on their latest requests.​

Microsoft Teams icon

Copilot in Teams

Summarize this meeting and provide the key points and action items.​

3. Summarize the contract

Review the new contract with Copilot in Word, extracting key insights, tender documents, and amendments for the deal and associated revenue impacting terms/conditions.​

Word icon

Copilot in Word

Ask Copilot a series of prompts: “What is the commitment and monthly fee?”, “What are the T&Cs for invoicing?”, “What is the license term?”​

4. Collaborate with team

Solicit input with Copilot in Loop and finalize with team on the technical accounting guidance for the draft customer agreement.​

Microsoft Loop icon

Copilot in Loop

Generate a space for team members to dynamically contribute and ideate on deal structure recommendations. “Create a list ​
of topics to discuss for a contract review.”​

5. Prep for a meeting

Gain alignment with the stakeholders on the recommended accounting guidance, prompting Copilot for a meeting agenda.​

Microsoft Copilot icon


Create a meeting agenda based on the latest contract review meeting and email with the objective of aligning on the accounting recommendations for the deal.​

6. Create an email with response

Reply to the stakeholder using Copilot in Outlook with a concise but thorough summary of the recommended agreement updates.​

Outlook icon

Copilot in Outlook

“Draft with Copilot” a reply with a bulleted list of the team’s recommendations, associated rationale, and next steps. Tone is Formal and Length is Short.​

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