Case Study: Petrobras achieves $120M in savings in 3 weeks with Automation Anywhere

Petrobras Unearths $120 Million in Savings in 3 weeks

Petrobras, a technology-forward South American energy company with 45,000+ employees and 70 years of experience in ultra-deepwater exploration, faced a major compliance challenge: Brazil’s 150 pages of complex tax regulations made accurate filings uncertain and time-consuming—critical given the company pays roughly $54 billion in taxes annually. Despite significant overtime, the tax team struggled to reliably apply rules across interstate and international transactions and varied regional tax regimes.

Petrobras deployed generative AI-powered automation, feeding the 150 pages of regulations and three months of tax data into the model. Within three weeks the company uncovered $120 million in savings, automated tax calculations and filings (allowing taxes to be filed in three days without weekend work), boosted efficiency by about 40%, and set the stage for more than $1 billion in projected savings by year-end.

Petrobras

Carlos Alberto Lage

Petrobras Land Coordinator of Information Technology and Communication (ITC) for the Campos Basin