The table below looks at the statistics for Procure-to-Pay skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Procure-to-Pay over the 3 months to 29 June 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
29 Jun 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank 160 198 190
Rank change year-on-year
+38 -8
Contract jobs citing Procure-to-Pay 1 10 18
As % of all contract IT jobs located in the City of London 0.030% 0.17% 0.31%
As % of the Processes & Methodologies category 0.035% 0.21% 0.39%
Number of daily rates quoted 0 6 12
Median daily rate - £468 £388
Median daily rate % change year-on-year
- +20.64%
UK excluding London median daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £36.25 - -
Procure-to-Pay
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2839 4661 4661
As % of all contract IT jobs located in the City of London 84.97% 79.91% 79.98%
Number of daily rates quoted 2319 3676 3496
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £338 £325 £305
10% offered a daily rate of more than £638 £625 £625
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 23 51 37
Median hourly rate £19.00 £24.50 £21.75
Median hourly rate % change year-on-year
-22.44% +12.64%
90% offered a hourly rate of more than £12.50 £14.95 £14.50
10% offered a hourly rate of more than £31.50 £59.70 £53.50
UK excluding London median hourly rate £28.50 £30.00 £30.00
% change year-on-year
-5.00% -

Procure-to-Pay
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Procure-to-Pay as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Procure-to-Pay Jobs Demand Trend in the City of London

Procure-to-Pay
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Procure-to-Pay across the City of London region.

Procure-to-Pay Daily Rate Trend in the City of London

Procure-to-Pay
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Procure-to-Pay across the City of London region.

Procure-to-Pay Hourly Rate Trend in the City of London

Procure-to-Pay
Top 13 Related IT Skills in the City of London

For the 6 months to 29 June 2016, IT contractor jobs citing Procure-to-Pay also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Procure-to-Pay.

1 2 (66.67%) Finance
1 2 (66.67%) Oracle
1 2 (66.67%) Oracle Procure-to-Pay
2 1 (33.33%) Oracle Cash Management
2 1 (33.33%) Oracle E-Business Tax
2 1 (33.33%) SAP
2 1 (33.33%) Intranet
2 1 (33.33%) Legal
2 1 (33.33%) DV Cleared
2 1 (33.33%) Security Cleared
2 1 (33.33%) Oracle iProcurement
2 1 (33.33%) Cash Management
2 1 (33.33%) Oracle Payables

Procure-to-Pay
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 2 (66.67%) Oracle Procure-to-Pay
2 1 (33.33%) Oracle Cash Management
2 1 (33.33%) Oracle E-Business Tax
2 1 (33.33%) Oracle iProcurement
2 1 (33.33%) Oracle Payables
Communications & Networking
1 1 (33.33%) Intranet
General
1 2 (66.67%) Finance
2 1 (33.33%) Legal
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Functional Analyst
1 1 (33.33%) Procurement Officer
1 1 (33.33%) SAP Analyst
1 1 (33.33%) SAP Functional Analyst
1 1 (33.33%) SAP P2P Analyst
Processes & Methodologies
1 1 (33.33%) Cash Management
Qualifications
1 1 (33.33%) DV Cleared
1 1 (33.33%) Security Cleared
Vendors
1 2 (66.67%) Oracle
2 1 (33.33%) SAP