Dynamics 365 Copilot for Finance2 min read


Before delving into the intricacies of Copilot for Finance, let’s take a moment to grasp the essence of the Copilot ecosystem within Microsoft.

Microsoft Copilot serves as your trusty AI companion, seamlessly integrating chat interfaces and robust language models with data from the internet. This fusion enables you to pose inquiries in natural language, simplifying task navigation.

Initially introduced as Copilot for Microsoft 365, this AI companion has evolved into a versatile tool for professional endeavors, leveraging data from the Microsoft Graph. By merging work-related information from documents, emails, calendars, chats, meetings, and contacts, Copilot ensures a seamless workflow—all while upholding Microsoft’s hallmark standards of enterprise-grade data protection and security.

Moreover, Copilot’s adaptability shines through with customization options, allowing organizations to tailor their Copilot experiences through Microsoft Copilot Studio.

Operating alongside you within the Microsoft 365 suite, Copilot seamlessly integrates into the apps you utilize daily, ensuring a fluid and intuitive user experience.

Copilot for Finance

Copilot for Finance is tailored specifically for finance professionals, aiming to seamlessly integrate data from external ERP systems and provide accessible insights precisely when needed. Its core mission is to empower professionals to make informed decisions swiftly while automating and expediting traditionally manual tasks.

This specialized tool offers a dual-pronged approach to enhancing financial operations:

Firstly, it streamlines operations and bolsters efficiency by leveraging AI to streamline labor-intensive financial processes. Tasks such as collections, contract negotiations, management, and invoice capture are automated, reducing spending and driving efficiency across the board.

Secondly, Copilot for Finance accelerates the impact of finance professionals by expediting access to critical financial insights. Through advanced AI capabilities, it proactively identifies outliers and significantly reduces the time required for data compilation and analysis. Tailored workflows and recommended next-best actions ensure that professionals can swiftly act upon insights to drive positive outcomes.

Operating seamlessly alongside users, Copilot for Finance minimizes app switching and ensures that data remains synchronized across complex processes and teams. It facilitates seamless integration between financial systems like ERP, SQL tables, and data lakes, and popular M365 collaboration apps such as Excel, Outlook, and Teams. This integration allows users to update data across platforms effortlessly, eliminating the need to switch between applications regardless of the data’s location within the financial ecosystem.