'Plenty of AI tools claim to be built for finance; Microsoft 365 Copilot in Excel is proving it in practice':…
- Excel's AI updates give it reusable skills and real-time data integration
- Microsoft knows finance workers are an untapped area of the market
- User demand is responsible for which tools Microsoft adds next
Microsoft has announced a new update to Copilot in Excel aimed specifically at finance workers, positioning the spreadsheet software as an AI-powered tool for financial modelling, forecasting and reporting.
OpenAI and Anthropic are already proving the field could be a lucrative business model, targeting both finance and legal departments with their own domain-specific offerings, and Microsoft has become the latest.
The company proudly proclaimed that Excel has been the go-to tool for finance workers for decades, hoping that this AI-powered makeover will concrete its position for decade to come.
Excel is getting new finance-specific AI tools
Rather than pushing useless and unrelated AI on users, Microsoft stressed that its users "shape it as much as they use it,...
Copyright of this story solely belongs to techradar.com. To see the full text click HERE
