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 average contractor rates offered in IT contracts that have cited Procure-to-pay over the 3 months to 12 February 2016 with a comparison to the same period in 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.

Location
3 months to
12 Feb 2016
Same period 2015 Same period 2014
Procure-to-pay (including Purchase-to-pay, P2P)
Rank 146 174 194
Rank change year-on-year
+28 +20
Contract jobs citing Procure-to-pay 7 14 12
As % of all contract IT jobs located in the City of London 0.22% 0.27% 0.20%
As % of the Processes & Methodologies category 0.26% 0.34% 0.25%
Number of daily rates quoted 6 11 8
Average daily rate £348 £363 £425
Average daily rate % change year-on-year
-4.13% -14.70%
90% offered a daily rate of more than £219 £300 £393
10% offered a daily rate of more than £394 £588 £463
UK excluding London average daily rate £450 £425 £425
% change year-on-year
+5.88% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £55.00 £12.10 £31.25
% change year-on-year
+354.54% -61.28%
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
2644 4159 4730
As % of all contract IT jobs located in the City of London 84.04% 80.90% 79.44%
Number of daily rates quoted 2091 3247 3422
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £318 £293
10% offered a daily rate of more than £625 £613 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 30 36 51
Average hourly rate £24.00 £23.10 £27.25
Average hourly rate % change year-on-year
+3.91% -15.24%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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

This chart provides a 3-month moving total of IT contractor jobs citing Procure-to-pay across the City of London region as a proportion of the total demand within 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
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Procure-to-pay across the City of London region over the 3 months to 12 February 2016.

Procure-to-pay Daily Rate Histogram 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 30 Related IT Skills in the City of London

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Procure-to-pay also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Procure-to-pay.

1 13 (81.25%) Finance
2 7 (43.75%) Oracle
2 7 (43.75%) Oracle Procure-to-Pay
3 6 (37.50%) SAP
4 4 (25.00%) Oracle EBS
4 4 (25.00%) Oracle Payables
4 4 (25.00%) Oracle EBS R12
4 4 (25.00%) Oracle iProcurement
5 3 (18.75%) Cisco UCCX
5 3 (18.75%) Cisco CUCM
5 3 (18.75%) WAN Optimisation
5 3 (18.75%) Riverbed
5 3 (18.75%) Cisco ASA
5 3 (18.75%) Security Cleared
5 3 (18.75%) RTSP
5 3 (18.75%) PKI
5 3 (18.75%) Polycom
5 3 (18.75%) Video Conferencing
5 3 (18.75%) CCNP Voice
5 3 (18.75%) 802.1X
5 3 (18.75%) Palo Alto
5 3 (18.75%) Cisco ISE
5 3 (18.75%) Oracle Applications
5 3 (18.75%) Service Management
5 3 (18.75%) Firewall
5 3 (18.75%) Wireless
5 3 (18.75%) IPsec
5 3 (18.75%) MPLS
5 3 (18.75%) OSPF
5 3 (18.75%) BGP

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

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Procure-to-pay also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Procure-to-pay. Up to 20 skills are shown per category.

Application Platforms
1 1 (6.25%) Oracle Workflow
Business Applications
1 7 (43.75%) Oracle Procure-to-Pay
2 4 (25.00%) Oracle EBS
2 4 (25.00%) Oracle EBS R12
2 4 (25.00%) Oracle iProcurement
2 4 (25.00%) Oracle Payables
3 3 (18.75%) Oracle Applications
3 3 (18.75%) Oracle Financials
4 2 (12.50%) SAP MM
5 1 (6.25%) Oracle Assets
5 1 (6.25%) Oracle General Ledger
5 1 (6.25%) Oracle Internet Expenses
5 1 (6.25%) Oracle Receivables
5 1 (6.25%) SAP Retail
5 1 (6.25%) SAP SRM
Communications & Networking
1 3 (18.75%) BGP
1 3 (18.75%) Cisco ASA
1 3 (18.75%) Cisco ISE
1 3 (18.75%) Firewall
1 3 (18.75%) IPsec
1 3 (18.75%) ISDN
1 3 (18.75%) MPLS
1 3 (18.75%) OSPF
1 3 (18.75%) PSTN
1 3 (18.75%) RTSP
1 3 (18.75%) VPN
1 3 (18.75%) WAN
1 3 (18.75%) Wireless
2 2 (12.50%) Intranet
Database & Business Intelligence
1 1 (6.25%) Oracle BI Publisher
1 1 (6.25%) SAP BI
1 1 (6.25%) SAP BW
Development Applications
1 2 (12.50%) ProC
General
1 13 (81.25%) Finance
2 2 (12.50%) Legal
3 1 (6.25%) Billing
3 1 (6.25%) General Ledger
3 1 (6.25%) Retail
Job Titles
1 4 (25.00%) Analyst
1 4 (25.00%) Consultant
2 3 (18.75%) Functional Consultant
2 3 (18.75%) Network Engineer
2 3 (18.75%) Oracle Consultant
2 3 (18.75%) Oracle Functional Consultant
2 3 (18.75%) Oracle P2P Consultant
2 3 (18.75%) Senior Network Engineer
2 3 (18.75%) Senior Voice Engineer
2 3 (18.75%) Senior Voice Network Engineer
2 3 (18.75%) Voice Engineer
2 3 (18.75%) Voice Network Engineer
3 2 (12.50%) Procurement Officer
3 2 (12.50%) SAP Analyst
3 2 (12.50%) SAP Manager
3 2 (12.50%) Senior IT Support
3 2 (12.50%) Senior Network Support
3 2 (12.50%) Senior Network Support Engineer
3 2 (12.50%) Senior Voice Support Engineer
3 2 (12.50%) Voice Support Engineer
Libraries, Frameworks & Software Standards
1 3 (18.75%) 802.1X
2 1 (6.25%) BAPI
2 1 (6.25%) XML
Miscellaneous
1 3 (18.75%) PKI
1 3 (18.75%) Video Conferencing
Processes & Methodologies
1 3 (18.75%) ERP
1 3 (18.75%) ITIL
1 3 (18.75%) Project Management
1 3 (18.75%) Service Management
1 3 (18.75%) WAN Optimisation
2 2 (12.50%) Process Improvement
3 1 (6.25%) Business Intelligence
3 1 (6.25%) Business Transformation
3 1 (6.25%) Change Management
3 1 (6.25%) Data Modelling
3 1 (6.25%) Data Protection
3 1 (6.25%) GAP Analysis
3 1 (6.25%) Migration
3 1 (6.25%) SAP Implementation
3 1 (6.25%) Stakeholder Management
3 1 (6.25%) Target Operating Model
3 1 (6.25%) Workflow
Programming Languages
1 1 (6.25%) PL/SQL
1 1 (6.25%) SQL
Qualifications
1 3 (18.75%) CCIE
1 3 (18.75%) CCNP
1 3 (18.75%) CCNP Voice
1 3 (18.75%) Cisco Certification
1 3 (18.75%) Security Cleared
2 2 (12.50%) DV Cleared
3 1 (6.25%) SC Cleared
Quality Assurance & Compliance
1 3 (18.75%) SLA
Systems Management
1 3 (18.75%) Cisco CUCM
1 3 (18.75%) Cisco UCCX
Vendors
1 7 (43.75%) Oracle
2 6 (37.50%) SAP
3 3 (18.75%) CheckPoint
3 3 (18.75%) Cisco
3 3 (18.75%) Juniper
3 3 (18.75%) Palo Alto
3 3 (18.75%) Pegasus
3 3 (18.75%) Polycom
3 3 (18.75%) Riverbed