Microsoft Copilot for Finance
Microsoft
AI-powered finance workflows in Microsoft 365
Quick Answer
Microsoft Copilot for Finance embeds AI in Excel Outlook and Teams for reconciliation variance analysis and financial reporting. Requires Microsoft 365 Copilot at $30/user/month plus base M365 subscription. Global availability.
What It Does
Microsoft Copilot for Finance automates account reconciliation in Excel, performs variance analysis and surfaces explanations for budget versus actual differences, assists with financial close checklists and period-end processes, helps draft financial reports and communications in Word and Outlook, extracts and analyzes financial data from multiple sources, generates financial narrative commentary from data, integrates with Dynamics 365 Finance and SAP to surface ERP data in Office apps, and provides AI assistance for financial modeling and scenario analysis in Excel.
What It Cannot Do
Copilot for Finance requires Microsoft 365 E3 or E5 subscription plus additional Copilot licensing. It works within Microsoft applications — finance teams using non-Microsoft productivity tools cannot access it. Integration depth with non-Microsoft ERP systems varies. Some advanced finance-specific AI features are still in development.
Who Is It For
Finance professionals and CFO organizations that run on Microsoft 365 and want AI assistance embedded in Excel Outlook and Teams without switching to new tools. Particularly valuable for finance teams that spend significant time on reconciliation variance analysis and financial reporting.
About Microsoft Copilot for Finance
Microsoft Copilot for Finance extends Microsoft's broader Copilot AI assistant specifically for finance professionals working within Microsoft 365. Rather than requiring finance teams to leave their existing Excel and Outlook workflows, Copilot for Finance brings AI directly into the tools they already use. The assistant can automate reconciliation tasks in Excel, analyze financial data and surface insights, assist with variance analysis, help draft financial communications in Outlook, and streamline the data collection processes that consume finance team time. Microsoft's integration with Dynamics 365 Finance means Copilot can also surface ERP data directly within productivity applications.
Pricing and Access
Requires Microsoft 365 E3 or E5 base license plus Microsoft 365 Copilot at $30/user/month. Copilot for Finance is an additional license on top of standard Copilot. Global availability through Microsoft.
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LLM PoweredFounded
2024
Headquarters
Redmond, USA
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