Global technology solutions provider Syntax has completed a SAP transformation for Rio2, enabling the mining company to transition from construction to operations at its Fenix gold mine in Chile within one year.
This move created a seamless digital core for Rio2, replacing manual processes with an integrated enterprise resource planning (ERP) solution from SAP Cloud.
The change connects finance, procurement and project accounting, providing Rio2 with real-time financial information, streamlined compliance and operational flexibility.
With approval granted for the construction of the Fenix Gold Mine, Rio2 quickly implemented SAP systems.
The company faced scattered financial data and manual workflows in Canada, Chile and Peru.
Rio2 Executive Vice President, Chief Financial Officer and Corporate Secretary Kathryn Johnson said: “Syntax’s mining business and SAP expertise were critical to our success.
“They helped us turn an ambitious transformation into a rapid, practical implementation – connecting teams in three countries and giving us the 24/7 visibility, control and agility we need to grow.”
The new unified platform provides real-time data insights and consistent governance, crucial to managing construction efficiently within budget.
The transformation involved adopting a cloud strategy, implementing SAP Cloud ERP in six months using standard templates.
Additional solutions such as SAP Analytics Cloud, SAP Document Compliance, and Concur ExpenseIt improved reporting and compliance.
Johnson added: “By adopting SAP Cloud ERP completely out-of-the-box, we create enterprise-grade financial transparency and control without adding complexity.
“For a diversified producer, that discipline has been transformative: it showed that we can operate with the governance and speed of much larger organizations.”
Tangible results included a 40% faster financial close, a 30% reduction in procurement cycles, and increased delivery efficiency.
Integrated systems have strengthened Rio2’s operational capabilities, ensuring audit-ready compliance and a scalable foundation for future growth.
“Syntax completes SAP transformation for Rio2” was created and originally published by Mining Technology, a brand owned by GlobalData.
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