Microsoft Plans to Launch a Copilot Chatbot for Finance

IBL News | New York

Microsoft announced this week that it will release a Copilot chatbot that can perform and automatize key tasks for people working in finance.

Comparing and reconciling data taken from different systems is a recurring task in finance planning and analysis.

This Copilot for finance will initially run a variance analysis, reconcile data in Excel, and speed up the collections process in Outlook, Charles Lamanna, a Microsoft Vice President, said in an interview with CNBC.

This tool will draw on information stored in SAP and Microsoft Dynamics 365.

Microsoft already has a Copilot for general-purpose industrial use in Office applications.