The album features beloved compositions by Jobim, such as Águas de Março, Corcovado, and Fotografia. Elis Regina's interpretations of these pieces are notable and highlight the connection between the two. The arrangements, handled by César Camargo Mariano, who was also Elis Regina's pianist and musical director, brought a fresh and contemporary perspective to Jobim's compositions. In 2004, a special reissue published by Trama expanded the experience, offering the original content remastered on CD along with a DVD featuring the tracks in high-quality formats such as DVD-Video 5.1 Dolby Digital and DVD-Audio.
The impact of Elis & Tom was immediate, receiving critical acclaim and establishing itself as one of the most acclaimed albums in Brazilian musical history. Its relevance was recognized in 2007 with its inclusion in the Latin Grammy Hall of Fame. Subsequently, in 2012, listeners of Rádio Eldorado FM and readers of O Estado de S. Paulo voted it the fourth best Brazilian album of all time.