- Microsoft has launched Copilot for Finance, an AI service to help automate workflows for finance professionals.
- Copilot for Finance integrates with Microsoft 365 and was tested by Microsoft’s finance team. It aims to free up time spent on repetitive tasks.
- Copilot for Finance is tailored for finance use cases, bringing specialized AI services closer to reality. It builds on Copilot and ChatGPT but is tuned for finance data privacy and accuracy.
Microsoft has launched a new AI service called “Copilot for Finance” to help finance professionals automate workflows and focus on more strategic tasks.
The Rise of Finance-Focused AI
Microsoft launched Copilot for Finance in public preview on February 29th. The artificial intelligence-powered service integrates with Microsoft 365 productivity tools and provides automation for finance workflows.
Copilot for Finance was tested extensively by Microsoft’s own finance team and partners. According to Microsoft, 80% of finance leaders face challenges taking on strategic work outside of operations. The company states that Copilot for Finance can help free up time spent on repetitive tasks.
Introducing End-to-End Finance Solutions
Copilot for Finance offers solutions tailored specifically for finance professionals. It joins Microsoft’s other Copilot offerings like Copilot for Sales and Copilot for Service.
Copilot is Microsoft’s virtual assistant that adds ChatGPT-like functionality across Windows and Microsoft 365. The finance version brings AI capabilities tuned for the accuracy and data privacy required in finance.
While built on OpenAI’s technology like ChatGPT, Copilot for Finance has been fine-tuned for financial use cases. The influx of specialized AI services from Microsoft and others brings expert calls for finance-focused models closer to reality.
