{"id":40397,"date":"2024-03-15T10:10:12","date_gmt":"2024-03-15T09:10:12","guid":{"rendered":"https:\/\/www.schneider.im\/?p=40397"},"modified":"2024-07-08T09:31:10","modified_gmt":"2024-07-08T07:31:10","slug":"microsoft-copilot-for-finance-in-public-preview","status":"publish","type":"post","link":"https:\/\/www.schneider.im\/lu\/microsoft-copilot-for-finance-in-public-preview\/","title":{"rendered":"Microsoft Copilot for Finance in public preview"},"content":{"rendered":"<p style=\"text-align: justify;\">On February 29, 2024, Microsoft announced the\u00a0<strong>public preview<\/strong>\u00a0of\u00a0<strong>Microsoft Copilot for Finance<\/strong>, a powerful tool that empowers finance teams to tackle their daily work with unprecedented efficiency. As a key addition to the Copilot family, Copilot for Finance extends the capabilities of <a href=\"https:\/\/www.schneider.im\/lu\/microsoft-365-copilot-the-future-of-productivity\/\">Microsoft 365 Copilot<\/a>, providing AI-powered assistance tailored specifically for finance professionals.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-40281\" src=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-in-public-preview.jpg\" alt=\"\" width=\"800\" height=\"514\" srcset=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-in-public-preview.jpg 800w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-in-public-preview-300x193.jpg 300w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-in-public-preview-150x96.jpg 150w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-in-public-preview-768x493.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><strong>How Copilot for Finance transforms financial operations<\/strong><\/h2>\n<p style=\"text-align: justify;\">Finance teams can now <strong>focus on strategic counsel and insights,<\/strong> leaving behind the drudgery of manual tasks.<strong> Copilot for Finance is the bridge between data and impact<\/strong>, transforming how finance professionals approach their work.<\/p>\n<p><img decoding=\"async\" class=\"size-large wp-image-43350 aligncenter\" src=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-800x335.jpg\" alt=\"\" width=\"800\" height=\"335\" srcset=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-800x335.jpg 800w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-300x126.jpg 300w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-150x63.jpg 150w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-768x322.jpg 768w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics-1536x644.jpg 1536w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Statistics.jpg 1720w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<div style=\"text-align: center;\"><video poster=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance-mp4-image.png\" controls=\"controls\" width=\"800\" height=\"514\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><source src=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Microsoft-Copilot-for-Finance.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><\/div>\n<p>&nbsp;<\/p>\n<pre><code class=\"language-html\"><\/code><\/pre>\n<p>&nbsp;<\/p>\n<pre><code class=\"language-html\"><\/code><\/pre>\n<p style=\"text-align: justify;\">Here are some <strong>key features<\/strong> that enhance financial operations:<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Variance Analysis in Excel<\/strong>: Financial analysts can quickly conduct variance analysis using natural language prompts. This helps them identify anomalies, risks, and unmatched values in data sets. Armed with these insights, finance professionals can provide strategic guidance to business leaders on meeting financial outcomes.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Streamlined Reconciliation<\/strong>: Copilot for Finance simplifies the reconciliation process in Excel. With automated data structure comparisons and guided troubleshooting, finance teams can move from insight to action, ensuring the reliability and accuracy of financial records.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Customer Account Details in Outlook<\/strong>: Imagine having a complete summary of relevant customer account details right in your Outlook. Copilot for Finance provides balance statements and invoices, expediting the collections process.<\/li>\n<li><strong>Data Visualization<\/strong>: Turn raw data in Excel into presentation-ready visuals and reports. Share these across Outlook and Teams to communicate financial insights effectively.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><img decoding=\"async\" class=\"aligncenter wp-image-40273\" src=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Copilot-for-Finance-2.png\" alt=\"\" width=\"787\" height=\"616\" srcset=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Copilot-for-Finance-2.png 920w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Copilot-for-Finance-2-300x235.png 300w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Copilot-for-Finance-2-150x118.png 150w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-03-13-Update-Website-Copilot-for-Finance-2-768x602.png 768w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><strong>Contextual Insights and Workflow Automation<\/strong><\/h2>\n<p style=\"text-align: justify;\">Copilot for Finance draws essential context from <strong>existing financial data sources<\/strong>, including traditional Enterprise Resource Planning (ERP) systems like Microsoft <a href=\"https:\/\/www.schneider.im\/lu\/microsoft-dynamics-365-from-copilot-assistance-to-autonomous-ai-agents\/\">Dynamics 365<\/a> and SAP, as well as Microsoft Graph. By supercharging Excel, Outlook, and other productivity apps, it ensures that finance professionals have the right information at their fingertips.<\/p>\n<p><img decoding=\"async\" class=\"size-large wp-image-43346 aligncenter\" src=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview-800x473.jpg\" alt=\"\" width=\"800\" height=\"473\" srcset=\"https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview-800x473.jpg 800w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview-300x178.jpg 300w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview-150x89.jpg 150w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview-768x455.jpg 768w, https:\/\/www.schneider.im\/media\/2024\/03\/SCHNEIDER-IT-MANAGEMENT-2024-07-08-Update-Website-Microsoft-Copilot-for-Finance-Overview.jpg 1524w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: justify;\"><strong>More information<\/strong><\/h2>\n<p style=\"text-align: justify;\">For the <strong>official announcement<\/strong> about the <strong>public preview of Microsoft Copilot for Finance<\/strong>, please visit: <a href=\"https:\/\/blogs.microsoft.com\/blog\/2024\/02\/29\/introducing-microsoft-copilot-for-finance-the-newest-copilot-offering-in-microsoft-365-designed-to-transform-modern-finance\/\">https:\/\/blogs.microsoft.com\/blog\/2024\/02\/29\/introducing-microsoft-copilot-for-finance-the-newest-copilot-offering-in-microsoft-365-designed-to-transform-modern-finance\/<\/a>.<\/p>\n<p style=\"text-align: justify;\">For more information about <strong>Microsoft Copilot for Finance<\/strong>, please visit: <a href=\"https:\/\/www.microsoft.com\/en-us\/microsoft-copilot\/microsoft-copilot-for-finance\">https:\/\/www.microsoft.com\/en-us\/microsoft-copilot\/microsoft-copilot-for-finance<\/a>.<\/p>\n<p style=\"text-align: justify;\">For our <strong>vendor page<\/strong> of <strong>Microsoft<\/strong>, please visit: <a href=\"https:\/\/www.schneider.im\/software\/microsoft\/\">https:\/\/www.schneider.im\/software\/microsoft<\/a>.<\/p>\n<p style=\"text-align: justify;\">Please <a href=\"https:\/\/www.schneider.im\/contact\/\">contact us<\/a> for <strong>expert services<\/strong> on your specific Microsoft software and online services requirements and to <strong>request a quote today<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 29, 2024, Microsoft announced the\u00a0public preview\u00a0of\u00a0Microsoft Copilot for Finance, a powerful tool that empowers finance teams to tackle their daily work with unprecedented efficiency. As a key addition to the Copilot family, Copilot for Finance extends the capabilities of Microsoft 365 Copilot, providing AI-powered assistance tailored specifically for finance professionals. &nbsp; How Copilot [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":33016,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671],"tags":[],"class_list":["post-40397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-microsoft-copilot"],"_links":{"self":[{"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/posts\/40397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/comments?post=40397"}],"version-history":[{"count":7,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/posts\/40397\/revisions"}],"predecessor-version":[{"id":43354,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/posts\/40397\/revisions\/43354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/media\/33016"}],"wp:attachment":[{"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/media?parent=40397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/categories?post=40397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schneider.im\/lu\/wp-json\/wp\/v2\/tags?post=40397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}