Available with: Microsoft 365 Copilot for Finance
Finance scenario: Procurement insight acceleration
Scenario
Using Copilot for procurement insight acceleration
Enable faster speed to insights for contract data, supplier spend, and procurement business processes.
Utilize Copilot for Finance in Excel to check for spending variances versus product deliverables.

Copilot in Excel
Copilot for Finance (Preview)
Benefit: Streamline contract review processes, Reduce manual effort, and ensure compliance.
In Outlook, use Copilot for Finance to display information about prior contracts and supplier payments to be confident you are negotiating with the latest information.

Copilot in Outlook
Copilot for Finance (Preview)
Benefit: Simplify the process of finding customer information to prepare for a meeting.
In the supplier meetings, use Copilot in Teams to summarize agreements on deliverables and capabilities. Next, assign a rating based on established criteria.

Copilot in Teams
Benefit: Improve meeting efficiency, capture essential points, and facilitate follow-up actions.
Have Copilot search data from contracts, meetings, and emails to create a table of various suppliers organized by service delivered with a detailed assessment.
Microsoft 365 Copilot Chat2
Benefit: Boost creativity, foster collaboration, and generate innovative solutions.
Use Copilot in Word to generate new supplier contract terms and recommendations for updated preferred vendor lists.

Copilot in Word
Benefit: Standardize procedures, reduce errors, and empower team members with comprehensive reference material.
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.
What's next
Explore more Finance Scenarios
Finance Scenario LibraryStart using Copilot
Go to the Copilot app to try a new scenario now. Everyone can start with Copilot Chat and if you are licensed Microsoft 365 Copilot connects to your work data and apps.
Start using CopilotView all downloadable content
Download our functional scenario kits, scenario guides, and day in the life guides to accelerate your Copilot implementation.
View downloads