Microsoft Scenario Library Finance Optimize your financial operations

Available with: Microsoft 365 Copilot Chat

Finance scenario: Optimize your financial operations

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Scenario

Use Copilot to optimize your financial operations

Use Copilot to complete simple tasks like data collection or catching up with news and trends during the day to enable focus on more valuable analysis.

1. Automate workflows

Use Microsoft Copilot to write a python script to automate tedious tasks like data collection.

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Microsoft 365 Copilot Chat1

Prompt: Write a python script to mine data from various websites.

Save time by asking Copilot for ideas of how to perform complex financial analyses.

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Microsoft 365 Copilot Chat1

Prompt: How should I structure a valuation of a retired manufacturing facility?

Make sure you’re caught up with the latest industry news and trends by asking Copilot for a summary.

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Microsoft 365 Copilot Chat1

Prompt: Generate a summary that provides insights into the current state of the steel industry based on recent financial news, stock market data, and economic indicators.

Prompt Copilot to compare product capabilities to perform an accurate Total Cost of Ownership analysis for a product pricing update.

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Microsoft 365 Copilot Chat1

Prompt: Create a table comparing the capabilities of Product X and Product Y.

Relay key insights to your audience by using Copilot to generate content like reports, investments summaries, financial briefs, and more.

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Microsoft 365 Copilot Chat1

Prompt: Generate an investment summary based on the annual report on this web site. Simplify the financial jargon and be sure to include information on key risks and performance metrics.

Prompt Copilot to identify potential acquisition targets in specific geographies.

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Microsoft 365 Copilot Chat1

Prompt: Provide a list of likely acquisition targets in the retail industry in Asia and give the reasons why they are on the list.

KPIs

Opportunity to impact key functional area KPIs

How Microsoft Copilot can help average request times

Microsoft Copilot can help with lowering resolution times which in turn ​leads to increased agent productivity and higher customer satisfaction rates.​
Boost productivity​
  • Rapidly find information​
  • Diagnose problems faster​
  • Check for similar issues and resolutions​
  • Quickly send follow-up communications​

How Copilot can improve risk management

Finance teams grapple with complex tasks—from credit and collections to risk management and compliance. Get real-time insights and strategic recommendations. By automating mundane tasks, Microsoft Copilot frees up time for critical decisions, streamlining audits, simplifying collections, and accelerating financial reporting.
Speed data analysis and reporting
  • Quickly analyze trends
  • Generate informative charts
  • Create strategy presentations

How Microsoft Copilot can reduce finance department spending

As a cost center, Finance teams face the challenge of constantly achieving more with fewer resources. By assisting with everyday tasks, Microsoft Copilot can help increase time for additional analysis, proactive audits, collections processes, and financial reporting.
Keep communication lines open
  • Draft communications such as approval requests, status emails, and supplier communications
  • Summarize stakeholder meetings around budget status and approvals
  • Create sourcing strategy decks

How Copilot can help reduce spend on financial systems and tooling

Microsoft Copilot can be extended into processes to bring data together and speed decision-making without performing expensive updates to financial systems.
Inform your decisions:
  • Draft budgets and spreadsheets
  • Search for cost variances across different options

How Microsoft Copilot can help reduce days sales outstanding

Collections play a crucial role in any business. Timely and efficient collections help ensure healthy cash flow, liquidity, and operational efficiency. 
Improve collections process
  • Use Copilot to organize information from past interactions
  • Draft communications with Copilot clearly outlining the collection process
  • Analyze different payment methods and its effectiveness

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.