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 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank 154 152 197
Rank change year-on-year
-2 +45
Contract jobs citing Procure-to-Pay 7 7 12
As % of all contract IT jobs located in the City of London 0.22% 0.20% 0.20%
As % of the Processes & Methodologies category 0.25% 0.24% 0.25%
Number of daily rates quoted 6 6 10
Median daily rate £375 £536 £468
Median daily rate % change year-on-year
-29.98% +14.57%
90% offered a daily rate of more than £344 £438 £298
10% offered a daily rate of more than £488 £625 £633
UK excluding London median daily rate £411 £439 £425
% change year-on-year
-6.42% +3.23%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £19.50 £50.00 £10.00
% change year-on-year
-61.00% +400.00%
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
2778 2909 4761
As % of all contract IT jobs located in the City of London 87.41% 83.88% 80.91%
Number of daily rates quoted 2207 2336 3725
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 £350 £310 £304
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 28 25 52
Median hourly rate £27.50 £24.50 £18.00
Median hourly rate % change year-on-year
+12.24% +36.11%
90% offered a hourly rate of more than £14.50 £17.70 £10.85
10% offered a hourly rate of more than £55.00 £51.59 £38.00
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

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
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 3 December 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 3 December 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 10 (83.33%) Finance
2 7 (58.33%) SAP
3 6 (50.00%) ERP
4 5 (41.67%) ACCA
4 5 (41.67%) Project Management
4 5 (41.67%) CIMA
4 5 (41.67%) Change Management
5 4 (33.33%) Oracle
5 4 (33.33%) Validation
5 4 (33.33%) Oracle Procure-to-Pay
5 4 (33.33%) Order to Cash
5 4 (33.33%) Record to Report
6 3 (25.00%) Oracle Payables
6 3 (25.00%) Cash Management
7 2 (16.67%) Oracle Cash Management
7 2 (16.67%) Oracle E-Business Tax
7 2 (16.67%) Risk Management
7 2 (16.67%) Oracle iProcurement
8 1 (8.33%) Agile Software Development
8 1 (8.33%) Banking
8 1 (8.33%) Data Analysis
8 1 (8.33%) Dynamics NAV
8 1 (8.33%) Release Management
8 1 (8.33%) Data Migration
8 1 (8.33%) C
8 1 (8.33%) Financial Institution
8 1 (8.33%) Oracle EBS
8 1 (8.33%) Migration
8 1 (8.33%) Stakeholder Management
8 1 (8.33%) Programme Management

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 4 (33.33%) Oracle Procure-to-Pay
2 3 (25.00%) Oracle Payables
3 2 (16.67%) Oracle Cash Management
3 2 (16.67%) Oracle E-Business Tax
3 2 (16.67%) Oracle iProcurement
4 1 (8.33%) Dynamics NAV
4 1 (8.33%) Oracle EBS
4 1 (8.33%) Oracle Receivables
4 1 (8.33%) SAP BPC
General
1 10 (83.33%) Finance
2 1 (8.33%) Banking
2 1 (8.33%) Financial Institution
Job Titles
1 3 (25.00%) Accountant
2 2 (16.67%) Systems Accountant
3 1 (8.33%) Business Analyst
3 1 (8.33%) ERP Business Analyst
3 1 (8.33%) Integration Manager
3 1 (8.33%) Oracle Team Leader
3 1 (8.33%) P2P Business Analyst
3 1 (8.33%) Process Manager
3 1 (8.33%) Report Manager
3 1 (8.33%) Senior Manager
3 1 (8.33%) Senior Process Manager
3 1 (8.33%) Systems Manager
3 1 (8.33%) Team Leader
Miscellaneous
1 1 (8.33%) Embedded Systems
1 1 (8.33%) Foreign Exchange (FX)
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 3 (25.00%) Cash Management
5 2 (16.67%) Risk Management
6 1 (8.33%) Agile Software Development
6 1 (8.33%) Budgeting and Forecasting
6 1 (8.33%) Business Intelligence
6 1 (8.33%) Continuous Improvement
6 1 (8.33%) Data Analysis
6 1 (8.33%) Data Reconciliation
6 1 (8.33%) Internal Audit
6 1 (8.33%) Migration
6 1 (8.33%) Programme Governance
6 1 (8.33%) Programme Management
6 1 (8.33%) Release Management
6 1 (8.33%) Stakeholder Management
Programming Languages
1 1 (8.33%) C
Qualifications
1 5 (41.67%) ACCA
1 5 (41.67%) CIMA
Quality Assurance & Compliance
1 1 (8.33%) Sarbanes-Oxley
Vendors
1 7 (58.33%) SAP
2 4 (33.33%) Oracle
3 1 (8.33%) Ariba
City, London
Lorien Resourcing
Posted: Yesterday