Six Benefits of Using Copilot within Your Business

Date
21 August 2024
Author
Becky
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Introduction

In today’s competitive business world, artificial intelligence (AI) can offer a significant boost to organisations. As the digital landscape evolves, it’s crucial for businesses to adopt AI to stay ahead. One game-changing AI tool your business should be looking to adopt is Microsoft Copilot, as the benefits of using Copilot can provide a competitive edge.

Microsoft Copilot is an innovative AI tool that aims to be your very own productivity assistant that will completely revolutionise the way you work. Imagine your employees having a virtual assistant that not only automates their everyday tasks but also intuitively understands their needs.

Integrated across the suite of Microsoft 365 (M365) applications, Copilot can automate mundane tasks allowing you to focus on high-value activities. Whether you’re a project manager aiming to streamline delegation, a marketer searching for campaign insights, or a researcher endeavouring to simplify complex data, Copilot can help you work more efficiently.

Read on to discover how Microsoft Copilot can enhance productivity, streamline workflows, and foster innovation, allowing you to focus on your core responsibilities.

What is Microsoft Copilot?

Microsoft Copilot is an AI-powered tool that integrates into M365 applications such as Word, Excel, Outlook, PowerPoint, and Teams. Using your prompts, this tool uses large language models (LLMs) to provide you with an intelligent productivity assistant that can help draft emails, create reports, and analyse data sets, allowing you to dedicate more time to high-value tasks. Copilot can provide this support across a wide range of business functions, enabling your team to work smarter, not harder.

Microsoft Copilot prompt screen with example screens of Copilot in use for Word, Excel, PowerPoint, and OneNote, showcasing Copilot's AI assistance with tasks.

What are the Benefits of Using Microsoft Copilot?

Microsoft Copilot is transforming the way businesses operate by harnessing the power of AI to streamline workflows, boost productivity, and improve customer experiences. Discover the top six transformational benefits that Copilot can bring to your business.

Enhanced Productivity

Recently, Microsoft’s Copilot for Microsoft 365 Early Access Program highlighted that 70% of users reported an increase in productivity when carrying out everyday tasks using Copilot. This is no surprise when Copilot is particularly adept at automating repetitive tasks such as drafting emails, creating reports, and summarising data, meaning you can prioritise your workload with minimal effort. Copilot’s efficiency also improves over time by learning from your interactions and work habits. From your feedback, it can adapt to your individual preferences, offering a more personalised experience that further helps to streamline your workflow and improve efficiency.

Boost Your ROI

Copilot’s powerful productivity tools will assist you in saving time by enabling every business department to accomplish more important tasks while offering a strong return on investment (ROI). Crucial savings can be achieved by reducing the operational costs of performing monotonous tasks, providing speedy solutions, and increasing employee capabilities during peak times all within M365 apps. Businesses can also take advantage of Copilot’s advanced decision making and strategic planning capabilities to help maintain their competitive edge.

Increase Employee Satisfaction

When it comes to productivity, both employee engagement and satisfaction matter to the bottom line of your business. With happy employees being 20% more productive than their unhappy counterparts2, it’s clear that a contented workforce is a productive workforce! Microsoft Copilot can increase employee satisfaction by automating those everyday tedious tasks that prevent you from focusing on your daily priorities. From streamlining workflows, prioritising workloads, managing inboxes, or creating reports, Copilot helps reduce frustration, enabling you to achieve more in your day. Microsoft Copilot can help your business create a more efficient, empowered, and enjoyable workplace that supports goal achievement and contributes to higher employee satisfaction, reducing job fatigue.

Improve Decision Making

Microsoft Copilot is your perfect AI companion for enhancing decision-making processes within your business. It provides real-time data analysis, insights, and recommendations all within M365 apps like Word, Excel, and PowerPoint. By automating routine tasks such as generating time-saving sales reports or analysing customer feedback, Copilot enables users to concentrate on strategic decisions instead of manual data processing. This increases your team’s efficiency and allows them to make more informed, data-driven decisions across a wide range of business functions.

Enhance Collaboration

Successful businesses thrive on their ability to collaborate and work towards a shared vision. With seamless AI integration within M365 apps, Microsoft Copilot can support collaboration and foster productive teamwork and effective communication. Copilot’s AI capabilities can assist in automating meetings, summarising discussions, generating meeting notes, tracking action points, and sharing relevant information. By reducing administrative tasks and making information accessible to all, Copilot can significantly improve both collaborative workflows and team productivity, ensuring everyone remains aligned, informed and on task.

Robust Security as Standard

As the cyber threat landscape continues to evolve, prioritising the security of your networks and data has never been more crucial. As an integral part of Microsoft 365, Copilot adheres to the robust security, compliance, and data protection policies of the platform, including the General Data Protection Regulation (GDPR). Any prompts, responses or data accessed are not used to train or improve Microsoft AI models unless you explicitly opt to do so. Using the Azure OpenAI Service, any harmful content including Hate & Fairness, Sexual, Violence, and Self-harm is blocked meaning your users remain completely safe.

Discover the Benefits of Using Copilot to Unlock AI Power

Harnessing the capabilities of AI, Microsoft Copilot is transforming how users across diverse business operations work, becoming an essential productivity assistant that helps boost overall productivity and drive innovation.

Accessible to organisations of all sizes, Copilot is available across desktop, web, tablet, and mobile versions of M365, offering easy scalability to meet the evolving needs of your business.

Are You Ready to Experience the Benefits of Using Copilot?

Let Croft’s team of experienced Microsoft experts put the power of AI in your hands. From seamless deployment to comprehensive training, we are here to guide your journey in unlocking the transformative potential of Microsoft Copilot.

You can assess your readiness to deploy Microsoft Copilot in your business by completing our Copilot Readiness Assessment today.

This assessment will identify the optimal pathway for deploying Microsoft Copilot by evaluating your current license profile, collaboration tools, data management policies and existing security controls.

 Need Some Extra Information on the Benefits of Using Copilot?

You can discover more about how Copilot can transform your business on our dedicated Microsoft for Copilot page.