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 27 February 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
27 Feb 2017
Same period 2016 Same period 2015
Procure-to-Pay (including Purchase-to-Pay, P2P)
London / City of London
Rank 147 144 186
Rank change year-on-year
-3 +42
Contract jobs citing Procure-to-Pay 4 7 9
As % of all contract IT jobs located in the City of London 0.13% 0.22% 0.18%
As % of the Processes & Methodologies category 0.16% 0.26% 0.21%
Number of daily rates quoted 2 6 7
Median daily rate £350 £348 £363
Median daily rate % change year-on-year
+0.71% -4.13%
90% offered a daily rate of more than £310 £219 £358
10% offered a daily rate of more than £390 £394 £540
UK excluding London median daily rate £425 £444 £425
% change year-on-year
-4.22% +4.41%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £12.10

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
2518 2745 4249
As % of all contract IT jobs located in the City of London 84.84% 86.98% 82.73%
Number of daily rates quoted 1999 2173 3311
Median daily rate £500 £485 £450
Median daily rate % change year-on-year
+3.09% +7.77%
90% offered a daily rate of more than £350 £325 £315
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £408 £400 £399
% change year-on-year
+1.87% +0.29%
Number of hourly rates quoted 16 27 32
Median hourly rate £21.00 £22.00 £20.45
Median hourly rate % change year-on-year
-4.54% +7.60%
90% offered a hourly rate of more than £13.50 £13.00 £14.00
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £36.00 £40.00 £29.00
% change year-on-year
-10.00% +37.93%

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 27 February 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 (100.00%) Finance
2 6 (54.55%) ERP
3 5 (45.45%) ACCA
3 5 (45.45%) Project Management
3 5 (45.45%) SAP
3 5 (45.45%) CIMA
3 5 (45.45%) Change Management
4 4 (36.36%) Validation
4 4 (36.36%) Oracle Procure-to-Pay
4 4 (36.36%) Oracle
4 4 (36.36%) Order to Cash
4 4 (36.36%) Record to Report
5 3 (27.27%) Oracle EBS
6 2 (18.18%) Migration
7 1 (9.09%) Agile Software Development
7 1 (9.09%) Banking
7 1 (9.09%) Data Analysis
7 1 (9.09%) General Ledger
7 1 (9.09%) Dynamics NAV
7 1 (9.09%) Release Management
7 1 (9.09%) Integration Testing
7 1 (9.09%) BPMN
7 1 (9.09%) Data Migration
7 1 (9.09%) Oracle General Ledger
7 1 (9.09%) Oracle EBS R12
7 1 (9.09%) HP Quality Center
7 1 (9.09%) Continuous Improvement
7 1 (9.09%) Embedded Systems
7 1 (9.09%) Data Reconciliation
7 1 (9.09%) 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 4 (36.36%) Oracle Procure-to-Pay
2 3 (27.27%) Oracle EBS
3 1 (9.09%) Dynamics NAV
3 1 (9.09%) Oracle EBS R12
3 1 (9.09%) Oracle Financials
3 1 (9.09%) Oracle General Ledger
3 1 (9.09%) Oracle Payables
3 1 (9.09%) Oracle Receivables
Database & Business Intelligence
1 1 (9.09%) BusinessObjects
General
1 11 (100.00%) Finance
2 1 (9.09%) Banking
2 1 (9.09%) Financial Institution
2 1 (9.09%) General Ledger
Job Titles
1 2 (18.18%) Accountant
1 2 (18.18%) Analyst
1 2 (18.18%) Systems Accountant
2 1 (9.09%) Business Analyst
2 1 (9.09%) ERP Business Analyst
2 1 (9.09%) Integration Manager
2 1 (9.09%) Oracle Analyst
2 1 (9.09%) Oracle Project Manager
2 1 (9.09%) Oracle Team Leader
2 1 (9.09%) P2P Business Analyst
2 1 (9.09%) Process Analyst
2 1 (9.09%) Process Manager
2 1 (9.09%) Project Manager
2 1 (9.09%) Senior Manager
2 1 (9.09%) Senior Process Manager
2 1 (9.09%) Systems Manager
2 1 (9.09%) Team Leader
2 1 (9.09%) Test Analyst
Miscellaneous
1 1 (9.09%) Analytical Skills
1 1 (9.09%) Embedded Systems
Processes & Methodologies
1 6 (54.55%) ERP
2 5 (45.45%) Change Management
2 5 (45.45%) Project Management
3 4 (36.36%) Order to Cash
3 4 (36.36%) Record to Report
3 4 (36.36%) Validation
4 2 (18.18%) Migration
5 1 (9.09%) Agile Software Development
5 1 (9.09%) BPMN
5 1 (9.09%) Continuous Improvement
5 1 (9.09%) Data Analysis
5 1 (9.09%) Data Migration
5 1 (9.09%) Data Reconciliation
5 1 (9.09%) Integration Testing
5 1 (9.09%) Internal Audit
5 1 (9.09%) Programme Governance
5 1 (9.09%) Programme Management
5 1 (9.09%) Release Management
5 1 (9.09%) Risk Management
5 1 (9.09%) Stakeholder Management
Qualifications
1 5 (45.45%) ACCA
1 5 (45.45%) CIMA
Quality Assurance & Compliance
1 1 (9.09%) Sarbanes-Oxley
Systems Management
1 1 (9.09%) HP Quality Center
Vendors
1 5 (45.45%) SAP
2 4 (36.36%) Oracle
3 1 (9.09%) HP
3 1 (9.09%) Informatica