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Petrobras Europe Limited’s principle activity is to provide market intelligence of crude oil and petroleum products to group members within Petroleo Brasileiro SA (Petrobras). With their old system beginning to creak, Ecovis was able to recommend a cloud-based system that would be able to handle a larger volume of transactions. The migration from the old system was carried out smoothly with little down-time. Moving forward, the finance team are still supported by the Ecovis Online team for any system queries.

“After Ecovis provided training, we were able to use the system more efficiently and were able to automate our bank imports; this made bank reconciliation less time-consuming. Also, going “paperless” made documentation and information sharing easier. The accountant either in-house or external can then review and finalise the posting in minutes.

Petrobras has continued using Ecovis as its incumbent outsourcing provider of accounting services since 2002. The support we have received over the past year has been nothing short of fantastic.”

Cleides Alves
Senior Accountant
Petrobras Europe Ltd

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