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 30 August 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
30 Aug 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank 171 186 195
Rank change year-on-year
+15 +9
Contract jobs citing Procure-to-Pay 4 16 13
As % of all contract IT jobs located in the City of London 0.11% 0.30% 0.22%
As % of the Processes & Methodologies category 0.13% 0.37% 0.28%
Number of daily rates quoted 2 13 12
Median daily rate £638 £450 £388
Median daily rate % change year-on-year
+41.66% +16.12%
90% offered a daily rate of more than £488 £425 £309
10% offered a daily rate of more than £788 £730 £473
UK excluding London median daily rate £513 £388 £450
% change year-on-year
+32.25% -13.88%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £30.00 -
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
3023 4364 4657
As % of all contract IT jobs located in the City of London 86.25% 82.32% 80.10%
Number of daily rates quoted 2428 3447 3451
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 21 43 46
Median hourly rate £17.25 £21.50 £22.00
Median hourly rate % change year-on-year
-19.76% -2.27%
90% offered a hourly rate of more than £12.50 £13.00 £16.00
10% offered a hourly rate of more than £50.00 £40.00 £36.50
UK excluding London median hourly rate £30.00 £32.54 £25.75
% change year-on-year
-7.80% +26.36%

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 30 August 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 16 Related IT Skills in the City of London

For the 6 months to 30 August 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 3 (75.00%) Cash Management
2 2 (50.00%) Finance
2 2 (50.00%) Oracle iProcurement
2 2 (50.00%) Oracle
2 2 (50.00%) SAP
2 2 (50.00%) Oracle Payables
2 2 (50.00%) Oracle Procure-to-Pay
2 2 (50.00%) Oracle Cash Management
2 2 (50.00%) Oracle E-Business Tax
3 1 (25.00%) Budgeting and Forecasting
3 1 (25.00%) C
3 1 (25.00%) Business Intelligence
3 1 (25.00%) Ariba
3 1 (25.00%) Foreign Exchange (FX)
3 1 (25.00%) Risk Management
3 1 (25.00%) SAP BPC

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 (50.00%) Oracle Cash Management
1 2 (50.00%) Oracle E-Business Tax
1 2 (50.00%) Oracle iProcurement
1 2 (50.00%) Oracle Payables
1 2 (50.00%) Oracle Procure-to-Pay
2 1 (25.00%) SAP BPC
General
1 2 (50.00%) Finance
Job Titles
1 1 (25.00%) Accountant
1 1 (25.00%) Report Manager
Miscellaneous
1 1 (25.00%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (75.00%) Cash Management
2 1 (25.00%) Budgeting and Forecasting
2 1 (25.00%) Business Intelligence
2 1 (25.00%) Risk Management
Programming Languages
1 1 (25.00%) C
Vendors
1 2 (50.00%) Oracle
1 2 (50.00%) SAP
2 1 (25.00%) Ariba
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 5 days ago