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 16 January 2017 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
16 Jan 2017
Same period 2016 Same period 2015
Procure-to-Pay (including Purchase-to-Pay, P2P)
London / City of London
Rank 149 142 175
Rank change year-on-year
-7 +33
Contract jobs citing Procure-to-Pay 7 8 12
As % of all contract IT jobs located in the City of London 0.24% 0.27% 0.23%
As % of the Processes & Methodologies category 0.28% 0.32% 0.29%
Number of daily rates quoted 6 7 8
Median daily rate £350 £375 £435
Median daily rate % change year-on-year
-6.66% -13.79%
90% offered a daily rate of more than £319 £276 £293
10% offered a daily rate of more than £400 £575 £591
UK excluding London median daily rate £425 £450 £425
% change year-on-year
-5.55% +5.88%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £19.50 £55.00 -
% change year-on-year
-64.54% -

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
2502 2533 4189
As % of all contract IT jobs located in the City of London 85.98% 84.57% 81.85%
Number of daily rates quoted 1978 1998 3290
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £360 £318 £320
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £410 £400 £390
% change year-on-year
+2.50% +2.56%
Number of hourly rates quoted 17 24 34
Median hourly rate £40.00 £32.80 £20.00
Median hourly rate % change year-on-year
+21.96% +63.98%
90% offered a hourly rate of more than £15.16 £18.79 £13.50
10% offered a hourly rate of more than £55.00 £53.00 £45.50
UK excluding London median hourly rate £35.00 £39.00 £26.00
% change year-on-year
-10.25% +50.00%

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 30 Related IT Skills in the City of London

For the 6 months to 16 January 2017, 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 11 (91.67%) Finance
2 6 (50.00%) ERP
2 6 (50.00%) SAP
3 5 (41.67%) CIMA
3 5 (41.67%) Change Management
3 5 (41.67%) ACCA
3 5 (41.67%) Project Management
3 5 (41.67%) Oracle
3 5 (41.67%) Oracle Procure-to-Pay
4 4 (33.33%) Validation
4 4 (33.33%) Order to Cash
4 4 (33.33%) Record to Report
5 3 (25.00%) Oracle EBS
6 2 (16.67%) Oracle Payables
6 2 (16.67%) Migration
7 1 (8.33%) Agile Software Development
7 1 (8.33%) Banking
7 1 (8.33%) Data Analysis
7 1 (8.33%) General Ledger
7 1 (8.33%) Dynamics NAV
7 1 (8.33%) Release Management
7 1 (8.33%) Integration Testing
7 1 (8.33%) Data Migration
7 1 (8.33%) Oracle General Ledger
7 1 (8.33%) Oracle EBS R12
7 1 (8.33%) Oracle iProcurement
7 1 (8.33%) Cash Management
7 1 (8.33%) HP Quality Center
7 1 (8.33%) Continuous Improvement
7 1 (8.33%) Embedded Systems

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 5 (41.67%) Oracle Procure-to-Pay
2 3 (25.00%) Oracle EBS
3 2 (16.67%) Oracle Payables
4 1 (8.33%) Dynamics NAV
4 1 (8.33%) Oracle Cash Management
4 1 (8.33%) Oracle EBS R12
4 1 (8.33%) Oracle E-Business Tax
4 1 (8.33%) Oracle Financials
4 1 (8.33%) Oracle General Ledger
4 1 (8.33%) Oracle iProcurement
4 1 (8.33%) Oracle Receivables
Database & Business Intelligence
1 1 (8.33%) BusinessObjects
General
1 11 (91.67%) Finance
2 1 (8.33%) Banking
2 1 (8.33%) Financial Institution
2 1 (8.33%) General Ledger
Job Titles
1 2 (16.67%) Accountant
1 2 (16.67%) Systems Accountant
2 1 (8.33%) Analyst
2 1 (8.33%) Business Analyst
2 1 (8.33%) ERP Business Analyst
2 1 (8.33%) Integration Manager
2 1 (8.33%) Oracle Analyst
2 1 (8.33%) Oracle Project Manager
2 1 (8.33%) Oracle Team Leader
2 1 (8.33%) P2P Business Analyst
2 1 (8.33%) Process Manager
2 1 (8.33%) Project Manager
2 1 (8.33%) Senior Manager
2 1 (8.33%) Senior Process Manager
2 1 (8.33%) Systems Manager
2 1 (8.33%) Team Leader
2 1 (8.33%) Test Analyst
Miscellaneous
1 1 (8.33%) Embedded Systems
Processes & Methodologies
1 6 (50.00%) ERP
2 5 (41.67%) Change Management
2 5 (41.67%) Project Management
3 4 (33.33%) Order to Cash
3 4 (33.33%) Record to Report
3 4 (33.33%) Validation
4 2 (16.67%) Migration
5 1 (8.33%) Agile Software Development
5 1 (8.33%) Cash Management
5 1 (8.33%) Continuous Improvement
5 1 (8.33%) Data Analysis
5 1 (8.33%) Data Migration
5 1 (8.33%) Data Reconciliation
5 1 (8.33%) Integration Testing
5 1 (8.33%) Internal Audit
5 1 (8.33%) Programme Governance
5 1 (8.33%) Programme Management
5 1 (8.33%) Release Management
5 1 (8.33%) Risk Management
5 1 (8.33%) Stakeholder Management
Qualifications
1 5 (41.67%) ACCA
1 5 (41.67%) CIMA
Quality Assurance & Compliance
1 1 (8.33%) Sarbanes-Oxley
Systems Management
1 1 (8.33%) HP Quality Center
Vendors
1 6 (50.00%) SAP
2 5 (41.67%) Oracle
3 1 (8.33%) Ariba
3 1 (8.33%) HP
3 1 (8.33%) Informatica
City, London
McGregor Boyall
Rate: £450 - £500 per day
Posted: 3 days ago