Generative AI, such as ChatGPT and Gemini, has become a hot topic over the past 18 months, as well as a quick way to source information, create content, and fine tune work.
A surge in technological advances have led to AI interfaces becoming more common across both everyday life and the workplace.
Read more: Why you should adopt AI to enhance your work and personal life
Sage have introduced a dedicated AI-powered productivity assistant known as “Sage Copilot”. It’s designed to help your team gather business insights, automate regular processes, reduce inefficiencies, and provide them with a platform to succeed.
There is a natural level of fear and concern that comes with sudden change. AI can seem daunting, but don’t worry, we’re not dealing with Skynet or the Matrix, we’re dealing with a tool that can be used to make our lives easier.
However, any tool can be mishandled in the wrong hands, and that’s why many UK workers and employers alike are still apprehensive about adopting AI in the workplace. According to ACAS, 1 in 4 UK workers worry that AI will lead to job losses.
So, it’s important that you fully understand the AI that you’re working with and how:
- It could benefit your company and its employees
- To get the most value out of the tool
- It might change certain processes within your business.
Read on to discover how Sage Copilot could help you enhance your business’ financial management software, as well as boost your team’s overall productivity and wellbeing.
Sage Copilot can energise your financial processes and modernise the way you utilise your data
Introduced in December 2024, Sage Copilot is an embedded AI tool within Sage Intacct, an incredibly efficient and streamlined piece of cloud-based Enterprise Resource Planning (ERP) software.
The software itself is designed to:
Increase visibility over your business
Help you gain more control over your financial processes
Automate repetitive functions
Centralise your data and backup supporting documentation
Provide a collaborative platform for your team to access key information, from any place, at any time (given they have internet access).
Sage Copilot allows you to build on these benefits, as an AI assistant that “actually gets finance”. It supplies your team with a supercharged financial teammate that can gather all the necessary information they need at a moment’s notice.
Copilot automates tedious tasks, so you can focus on what matters
There are plenty of repetitive jobs within any business that eat up valuable manhours. Copilot can help you to automate functions, such as invoicing, reconciliations, and expense categorisation, freeing you and your team to focus on more important issues within the business.
Sage Copilot analyses data and provides intelligent, accurate, real-time insights
Copilot turns your numbers into narratives. It doesn’t just show you what’s happening within your business — it helps you understand why and what to do next. This might involve flagging unusual spending patterns, surfacing trends, or helping you plan the month ahead — Copilot delivers financial clarity on command.
Allow this innovative assistant to assist you with forecasting for the future, tracking profitability, or monitoring cash flow, so you always have a clear picture of your business’ finances.
Copilot is a natural language interface and will answer questions (almost) like a human
Ever wish you could just ask your financial management software a question and get a direct answer without navigating a maze of spreadsheets?
Sage Copilot’s natural language interface allows you to do exactly that. For example, you could ask it: “What’s our profit and loss compared to budget?” and you’ll get instant, actionable results.
Need to know your cash flow for the next 30 days? Just ask. It’s like an informative Google search, but for your business finances.
Sage Copilot is highly adaptable and offers you ways to customise your dashboards to get the most out of your software
Copilot is incredibly versatile. It understands your needs and learns from your usage, helping you to develop customisable dashboards that better let you monitor what matters most to you, whether it be cash flow, overdue invoices, or long-term revenue growth.
Copilot helps you resolve problems and reduce errors within your business
Copilot scans your financials to help flag and eliminate errors, such as duplicate payments, odd variances, and issues within month-end reporting. It assists you with eradicating problematic processes and fixing potential issues before they snowball.
Sage Copilot empowers you to make smarter, faster, and more informed decisions
With its real-time financial insights, query assistance, error reduction, and ability to provide you with clear oversight, Sage Copilot ensures you and your staff are as informed as possible before making any important decisions for your business. So, you can go away with the peace of mind that you’ve made the best choice possible.
AI has the power to benefit your business and its employees — here are a few ways Sage can help
According to Lloyds, 82% of UK businesses using AI reported that it increased their productivity with 76% saying it has also driven up their profitability.
Sage Copilot could help your business boost both with a range of additional benefits, including:
Boosted efficiency
Better collaboration
Enhanced visibility
Greater growth
Intelligent decision-making
Its ability to draw on real-time data and make accurate insights, enables your team to better understand your business, and make better supported, more well-informed decisions.
EY reports that their AI Sentiment Index (which tracks how people feel about AI based on a range of factors) shows the British public are still worried about AI with the UK having one of the lowest scores in the index.
Assuaging their concerns by enabling your staff to work with an AI tool that makes their lives simpler could help your business thrive, while simultaneously boosting your employee’s wellbeing.
It is a point supported by Social Shepherd’s findings, which included:
- 81% of employees perform better with access to AI
- 43% of employees would use AI to better understand data and improve decision-making.
- 51% of employees achieve a healthier work-life balance with help from AI, as they’re able to complete tasks faster and accomplish their daily workload in less time, leaving them more able time to spend with friends and family.
As more and more UK businesses turn to AI to modernise their businesses, it’s vital that you don’t get left behind.
"Domo arigato, Mr. Roboto" — get in touch today to learn more about how Sage Copilot could benefit your business
AI is here to stay, so the quicker you’re able to integrate it into your business and utilise its various benefits, the more likely you’ll be able to stay ahead of the competition.
Our dedicated team of experts are here to answer any queries you may have and provide helpful product demos. Simply get in touch by emailing enquiries@solutionscloud.uk or call us at 0015 840 5075.
Remember: “Change is scary, but change is growth”.
