Finance scenario: Contract accounting guidance
Available with: Microsoft 365 Copilot Scenario level:
KPIs impacted
Reduce spend
Risk management
Value benefit
Cost savings
Employee experience
Using Copilot for contract accounting guidance
1. Gather information
Ask Copilot to gather information about the customer to better understand the contract.
Microsoft 365 Copilot Chat2
Example prompt: Pull together a summary of the customer interactions from recent email and chats.
2. Create a brief
Copy the data collected along with a recent meeting summary into Word and then have Copilot organize the content.
Microsoft 365 Copilot Chat2
Copilot in Word
Example prompt: Rewrite the brief to outline the key scenario based on the background and supporting details.
3. Summarize the contract
Prompt Copilot for relevant accounting considerations and perspective based on the customer scenario.
Microsoft 365 Copilot Chat2
Example prompt: Provide accounting guidance and recommendations for the customer scenario in the [scenario.docx]
4. Collaborate with team
Use Copilot in Loop to collaborate with colleagues to build on the preliminary list of accounting considerations.
Copilot in Loop
Example prompt: Brainstorm additional accounting considerations for the customer scenario.
5. Prep for a meeting
Use Copilot in PowerPoint to generate a presentation with the finalized accounting guidance for the customer scenario.
Copilot in PowerPoint
Example prompt: Create a presentation from file [scenario.docx] that summarizes the team’s recommendations.
6. Create an email with response
Draft an email to your manager with Copilot in Outlook summarizing key recommendations.
Copilot in Outlook
Example prompt: Draft an email with a concise summary of key recommendations.
1Access Microsoft 365 Copilot Chat at m365copilot.com or the Microsoft 365 Copilot Chat mobile app and set toggle to “Web".
2Access Microsoft 365 Copilot Chat at m365copilot.com, the Microsoft 365 Copilot Chat mobile app or the Microsoft 365 Copilot Chat app in Microsoft Teams, and set toggle to “Work”.
3Copilot agents allow Microsoft 365 Copilot to access your organization-specific apps. In the past, this would have required an API call to get data from a system of record. 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.
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.
