Vendor-reported figures — source: genaigazette.com
Petrobras faced inefficiencies in its administrative functions—particularly its complex tax filing process—due to a technological gap. The process was so burdensome that employees regularly worked weekends during tax season, and the company struggled to process large volumes of unstructured document data alongside complex Brazilian tax codes.
Petrobras implemented Automation Anywhere's Co-Pilot for Business Users, leveraging a GenAI model to process unstructured document data and navigate complex Brazilian tax codes. This automated and streamlined the tax filing process across procurement, finance, taxes, and HR functions.
Petrobras achieved $120 million in savings within just three weeks of deployment. Tax filings were completed within three days, and for the first time in 15 years employees no longer needed to work weekends during tax season. The company is now expanding the solution to other departments, targeting over $1 billion in annual savings.
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