March 6, 2024

Revolutionise Your Finance Department with Microsoft Copilot for Finance – Braintree Leads the Way

Embracing AI in Finance: A Game-Changer for Businesses

In the intricate web of financial management, from intricate quote-to-cash processes to rigorous risk management, the finance department stands as the organisation’s beating heart. Today’s finance professionals are increasingly tasked with delivering real-time insights and guiding growth initiatives, far beyond their traditional operational roles. Yet, a staggering 80% of finance leaders feel the pressure to take on more strategic work. This dichotomy leaves teams balancing their indispensable duties with their potential to drive business strategy.


Enter Microsoft Copilot for Finance: a revolutionary tool by Microsoft, now in public preview, designed to empower finance teams with AI-assisted capabilities, accessible right within the productivity applications they use daily. Braintree, a key implementation partner, is excited to introduce this transformative solution, connecting seamlessly to your organisation’s financial systems, including Dynamics 365. Experience a new era of workflow automation, guided actions, and smart recommendations within Microsoft Outlook, Excel, Teams, and other Microsoft 365 applications.

Finance organisations need to be utilising generative AI to help blend structured and unstructured datasets. Copilot for Finance is a solution that aggressively targets this challenge. Microsoft continues to push the boundary of business applications by providing AI-driven solutions for common business problems. Copilot for Finance is another powerful example of this effort. Copilot for Finance has potential to help finance professionals at organisations of all sizes accelerate impact and possibly even reduce financial operation costs.

Embrace the Future with Copilot for Finance

Time-Saving Automation:

Say goodbye to the drudgery of repetitive tasks. With 62% of finance professionals bogged down in data entry and review cycles, Copilot for Finance is your gateway to automating these time-consuming duties, focusing instead on strategy and growth.

Generative AI at Your Service:

As the business landscape evolves rapidly, it’s vital to be a disruptor. About 68% of CFOs foresee AI-driven revenue growth in the next few years. Microsoft Copilot for Finance is your ally in this journey, offering insightful automation and operational task management.

Streamlined Financial Processes:

From simplifying audit procedures and collections to accelerating financial reporting, Copilot for Finance transforms your approach to financial tasks, ensuring substantial time and cost savings.

Interact and Innovate with Copilot for Finance

Powered by Microsoft Copilot Studio, this tool seamlessly
integrates with existing financial systems, enhancing efficiency and
decision-making. Whether it’s suggesting proactive actions or responding to
natural language prompts, Copilot for Finance is your smart financial

Copilot for Finance is well versed in the critical and often time-consuming tasks and processes across a finance professional’s workday, providing a simple way to ask questions about data, surface insights, and automate processes—helping to reduce the time spent on repetitive actions. While today’s modern finance team is responsible for a litany of tasks, let’s explore three scenarios that Copilot for Finance supports at public preview.  

Audits of a company’s financial statements are critical to ensuring accuracy and mitigating risk. Traditionally, accounts receivable managers were required to pull account data manually from ERP records, reconcile it in Excel, and look for inaccuracies manually. With Copilot for Finance, these critical steps are done with a single prompt, allowing Accounts Receivable Managers to act on inconsistencies and any delinquencies found with Copilot suggested copy and relevant invoices.

Copilot for Finance Reconciliation Report

The collections process is another critical responsibility as it affects company cash flow, profitability, and customer relationships. Collection coordinators spend their time reviewing outstanding accounts and attempting to reconcile them in a timely manner. This often means phone calls, emails, and negotiating payment plans. With Copilot for Finance, collection coordinators can focus their time on more meaningful client-facing interactions by leaving the busy work to Copilot. Copilot for Finance supports the collections process end-to-end by suggesting priority accounts, summarising conversations to record back to ERP, and providing customised payment plans for customers.  

Copilot for Finance Outlook draft

Copilot for Finance can also help financial analysts to reduce the risk of reporting errors and missing unidentified variances. Rather than manually reviewing large financial data sets for unusual patterns, users can prompt Copilot to detect outliers and highlight variances for investigation. Copilot for Finance streamlines variance identification with reusable natural language instructions in the enterprise context. A financial analyst can direct Copilot to identify answers for variances, and Copilot will gather supporting data autonomously.  

Copilot for Finance Variance Analysis details and recommendations

Copilot will suggest financial context contacts and will provide auto summaries for streamlined tracking of action items and follow ups. Copilot for Finance can generate fine-tuned financial commentary, PowerPoint presentations, and emails to report to key stakeholders.

Your Path to Financial Innovation with Braintree

As a strategic partner, Braintree is committed to ensuring a seamless integration of Microsoft Copilot for Finance within your financial ecosystem. Our comprehensive approach includes:

  • License Management: Ensuring you have the right Microsoft 365 and Copilot licenses.
  • Full-Service Implementation: From setup to deployment, our expertise is at your service.
  • Tailored Solutions: Customised strategies to maximise the Copilot for Finance impact in your organisation.

Embrace the future of finance with Braintree and Microsoft Copilot for Finance. Transform your financial operations into a strategic powerhouse today. 

Connect with a Braintree Specialist

Microsoft Co Pilot
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