Microsoft announced on Thursday that it will launch an exclusive Copilot chatbot that can perform critical tasks for people in the financial sector.。

Many business software providers, including HubSpot and Salesforce, have been working to enhance existing products with generative AI, hoping to make customers more efficient.。

"We want every department to use Copilot and be enhanced."。Microsoft Enterprise Vice President Charles Lamana said in an interview on Wednesday.。

Microsoft has launched a general-purpose Copilot for office applications and released a Copilot designed for sales and customer service personnel。

The aforementioned Copilot will perform variance analysis first on the financial side, reconcile data in Excel and speed up the collection process in Outlook。Financial Copilot will roll out additional features later this year, says La Mana。

Raman reveals Japanese advertising agency Dentsu will use financial Copilot for mission。

Microsoft said its finance department contributed to the development of the new Copilot and has seen some early gains from its use.。

Comparing data from different systems is "something that every finance team around the world does on a regular basis," said Kuri Helsilick, modern treasurer of Microsoft's Office of Chief Financial Officers.。He said a financial planning and analysis team of thousands of people spends an hour or two each week reconciling accounts, and with the new Copilot, the process takes only 10 to 20 minutes.。The idea, he said, is to help these employees spend less time on tedious tasks, thus providing time for more attractive jobs that can contribute more to the company。