Microsoft unveils Copilot for Finance to simplify Excel and Outlook tasks

Microsoft has announced the launch of a new AI chatbot that can help finance workers with common tasks in Excel and Outlook. The Copilot for Finance is currently in public preview and will be available for purchase soon.

The Copilot for Finance is part of Microsoft’s vision to empower every department with a Copilot, a smart assistant that can generate natural-sounding text or other content with minimal human input.

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As per the information (via CNBC), the Copilot for Finance can perform functions such as variance analysis, data reconciliation, and collections process in Outlook, using data from SAP and Microsoft Dynamics 365. Microsoft plans to add more features to the Copilot for Finance later this year.

Microsoft’s corporate vice president Charles Lamanna said that the Copilot for Finance was developed with input from Microsoft’s finance department. He also said that the Japanese advertising agency Dentsu will be one of the first customers to use the Copilot for Finance.