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  • 2 days ago
Microsoft just dropped COPILOT for FINANCE β€” and it's changing how businesses and individuals manage money! πŸ’°πŸ“Š
From automating invoices 🧾, forecasting budgets πŸ“‰, to real-time financial insights πŸ“ˆ β€” this AI-powered assistant is a game changer in the finance world. πŸ§ βš™οΈ

πŸ’‘ Whether you're a finance pro, small business owner, or curious about AI in money matters β€” this is the revolution you can’t miss!
Watch now to see how Copilot for Finance is transforming the future of financial management. πŸ”πŸ“²

πŸ‘‰ Don’t forget to LIKE πŸ‘, SUBSCRIBE πŸ””, and SHARE πŸ“€ this video with fellow finance enthusiasts!

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Transcript
00:00So, Microsoft just announced a new game-changer for finance teams everywhere.
00:07Say hello to Microsoft Copilot for Finance.
00:10This edition is the latest in the Copilot series for Microsoft 365,
00:14designed to revolutionize the way finance teams handle their day-to-day tasks.
00:19It follows the successful launch of Copilot for Sales and Copilot for Service,
00:23which are now widely available.
00:25The goal? To make life easier for finance professionals by automating routine tasks,
00:30offering smart recommendations, and providing guided actions right when they need them.
00:35Finance teams are the backbone of any company, making crucial decisions
00:40that shape the future direction of the business.
00:43Yet, a whopping 80% of finance leaders feel overwhelmed by the pressure
00:48to contribute more strategically beyond their regular operational tasks.
00:52On top of that, 62% of finance professionals find themselves buried in the tediousness of data entry
00:59and endless review cycles.
01:01This is where Copilot for Finance swoops in to save the day, aiming to free up finance teams
01:06to focus more on strategic advising and insights by streamlining financial processes
01:11and automating workflows.
01:13At its core, Copilot for Finance enhances the capabilities of Excel, Outlook,
01:19and other key productivity apps with specialized workflow and data insights tailored for finance pros.
01:25It leverages the power of data from traditional enterprise resource planning, ERP systems like Microsoft Dynamics 365 and SAP,
01:34as well as the Microsoft Graph, to provide contextual insights that are crucial for financial operations.
01:40The public preview of Copilot for Finance rolls out with some pretty neat features designed to improve financial operations.
01:46For starters, it makes variance analysis in Excel a breeze.
01:50Financial analysts can now use natural language prompts to sift through data sets for anomalies, risks, and discrepancies.
01:56This kind of analysis is vital for offering strategic insights to business leaders on financial performance.
02:02It also simplifies the reconciliation process in Excel.
02:05With automated data structure comparisons and guided troubleshooting, finance teams can quickly move from insight to action,
02:12ensuring the reliability and accuracy of financial records.
02:16Plus, it offers a complete summary of relevant customer account details in Outlook, speeding up the collections process,
02:24and allows for the transformation of raw data in Excel into presentation-ready visuals and reports shareable across Outlook and Teams.
02:33Microsoft's Copilot offerings are all about helping workers navigate from insights to impact efficiently,
02:39with data and workflows that are specific to their roles.
02:43According to the latest Work Trend Index survey, people are drowning in data, spending about a quarter of their day searching for information.
02:50Yet, only half of the information they come across is deemed necessary for their jobs.
02:55Copilot aims to break down these information silos, actively deriving insights, recommendations, and guidance from various data sources,
03:04all while adhering to Microsoft's responsible AI principles.
03:08Businesses like Dentsu, Lumen Technologies, Northern Trust, Schneider Electric, and Visa are already reaping the benefits of Copilot across their sales, service, and finance departments.
03:20For instance, Dentsu sees potential in Copilot for finance to boost the efficiency of their finance professionals by optimizing routine processes.
03:30Northern Trust highlights the transformative impact of Copilot for service on their digital workplace and client relations.
03:37Meanwhile, Visa is excited about the prospects of rolling out generative AI across the company, having seen positive outcomes from their broad deployment of Copilot for Microsoft 365.
03:49So, Microsoft itself is a testament to the power of AI in sales and service operations.
03:54Copilot for sales has helped Microsoft's global sales team save time and strengthen customer relationships with AI-supported insights.
04:02Similarly, Copilot for service has modernized Microsoft's own contact center, enhancing service experiences and boosting agent productivity.
04:11The introduction of Microsoft Copilot for finance is a significant step forward in streamlining financial processes and surfacing insights for better informed decision making.
04:21As Microsoft's finance organization explores the capabilities of Copilot for finance, the insights gained will continue to shape the product's development and roadmap.
04:31The move to integrate AI tools like Copilot for finance into business operations is more than just a trend.
04:38It's a strategic decision to empower employees, enhance efficiency, and create new business value.
04:44Companies of all sizes are transitioning from AI experimentation to full-scale adoption, recognizing the importance of empowering those closest to customer interactions and critical operations.
04:55To get started with Copilot for finance and learn more about how it can transform financial operations, interested parties are encouraged to visit the official preview page.
05:05This marks an exciting moment for finance teams looking to elevate their strategic role within their organizations,
05:11and for companies aiming to harness the power of AI to innovate and grow.
05:15Alright, that wraps up our video.
05:17If you liked it, please consider subscribing and sharing so we can keep bringing more content like this.
05:22Thanks for watching and see you in the next one.

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