Finance scenario: Procurement insight acceleration

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

KPIs impacted

Supply chain costs

Value benefit

Cost savings

Using Copilot for 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)

Benefit: 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 information.

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Copilot in Outlook

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Copilot for Finance (Preview)

Benefit: Simplify the process of finding customer information to prepare for a meeting.

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

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

4. Interactive brainstorming

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

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Benefit: 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

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

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”.

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.