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How Jusbrasil got 220% automation ROI in a single month with Abstra

✏️ Summary

Jusbrasil's FP&A team achieved a stunning 220% return on investment in a single month by using Abstra to automate their processes.

This transformation eliminated the need for additional hires and provided real-time insights for decision-making.

Abstra's Python features empowered the finance team to unlock their hidden tech talent and redefine effectiveness.

📈 Key results

220% ROI in the first month

Avoided additional hires

Real-time insights into processes and agile decision-making

Mario Nasser
Head of FP&A

"Abstra has significantly streamlined our team's manual tasks, automating various workflows that previously required hands-on effort.

It saves us valuable time, minimizes the risk of human error and enables us to deploy new features and updates more rapidly, delivering better service to our team."

Jusbrasil is leading the legal tech market in Brazil with their data hub that simplifies legal research and information accessibility for millions of professionals every day.

Problem

Jusbrasil's finance team faced manual, time-consuming processes that slowed down their work and required additional hires to manage the growing load. Beyond that, they blocked a key team goal: becoming the main source of truth for financial data within the company.

Despite having talented individuals who had a knack for handling data, they didn't have the right tool to tackle their custom processes with efficiency and propel the team forward.

Solution

Lead by Mario, Head of FP&A, the team was able to tackle 9 processes in their first month using Abstra – which represented a 220% return on investment. They also mapped the following 23 use case automations, which totaled over $6,000 in recurring savings on Month 1.

This efficiency avoided the need to hire an additional financial analyst, cutting costs even further.

By having created a new standard for automation, the team is now spearheading data conversations within the company and redefining what a successful FP&A team looks like.

Discovering hidden tech talent within finance

After joining Jusbrasil's finance area, business analyst Mario – classic hero name! – was quickly recognized for his data-driven capabilities, and rose up to lead the FP&A area. During this time, the team was using multiple no-code tools to optimize key tasks.

But no-code only solves so much, and automation progress had hit a wall. With a busy tech team unable to cater to their needs, Mario turned to Abstra, and Python, to level up the team's game. He enlisted Victor, a team data analyst, to help with the task.

While hard coding would be tough to tackle on their own, within Abstra – with leading AI coding features – they were automating entire processes in a matter of days with security and power of code.

Their example underline a broader reality of tech-savvy analysts – be that with experience in no-code tools, EPRs, data platforms, or even complex spreadsheets – who are definitely ready to tackle automation on their own, but are hindered by limiting tools. Equipped with the right stack, analysts like Mario and Victor can gain autonomy from busy tech teams and build needle-moving processes on their own.

Strategy

In the first month, Jusbrasil tackled numerous processes, reaping significant benefits across the board. A few of those successes were:

  1. Automate Expense Monitoring:
    • Kept track of expenses in real-time, ensuring compliance and reducing discrepancies.
    • ROI: Cut costs by removing the need for manual monitoring.
  2. Streamline Report Generation and Data Analysis:
    • Slashed the time required for report generation from days to minutes.
    • ROI: Enabled real-time financial insights for swift decision-making.
  3. Establish Comprehensive Audit Trails:
    • Automated documentation for financial audits, enhancing transparency.
    • ROI: Reduced compliance risks and saved hours in audit prep.
  4. Enhance Cash Flow Forecasting:
    • Improved accuracy in predicting cash needs, aiding better management.
    • ROI: Increased cash flow visibility and cut reliance on external financing.

Key results

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