Procure-to-Pay Contracts in the Midlands

Procure-to-Pay (including Purchase-to-Pay, P2P)
England > Midlands

The following table provides summary statistics for contract job vacancies advertised in the Midlands with a requirement for Procure-to-Pay skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Procure-to-Pay over the 6 months to 18 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 Apr 2024
Same period 2023 Same period 2022
Rank 126 169 202
Rank change year-on-year +43 +33 -54
Contract jobs citing Procure-to-Pay 7 1 6
As % of all contract jobs advertised in the Midlands 0.26% 0.029% 0.12%
As % of the Processes & Methodologies category 0.31% 0.033% 0.13%
Number of daily rates quoted 6 0 3
10th Percentile £406 - £440
25th Percentile £434 - £481
Median daily rate (50th Percentile) £550 - £600
Median % change year-on-year - - +15.66%
75th Percentile £633 - £644
90th Percentile £646 - £648
England median daily rate £555 £550 £550
% change year-on-year +0.91% - +4.76%

All Process and Methodology Skills
Midlands

Procure-to-Pay is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the Midlands with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 2,243 3,055 4,559
As % of all contract IT jobs advertised in the Midlands 82.16% 87.91% 87.99%
Number of daily rates quoted 1,501 2,124 3,382
10th Percentile £235 £250 £231
25th Percentile £358 £372 £363
Median daily rate (50th Percentile) £475 £494 £475
Median % change year-on-year -3.85% +4.00% +18.75%
75th Percentile £600 £588 £565
90th Percentile £700 £675 £653
England median daily rate £525 £550 £532
% change year-on-year -4.55% +3.38% +9.13%
Number of hourly rates quoted 177 118 153
10th Percentile £11.10 £11.80 £9.80
25th Percentile £14.00 £15.13 £13.38
Median hourly rate £19.00 £17.72 £17.28
Median % change year-on-year +7.22% +2.55% +1.65%
75th Percentile £35.00 £26.33 £22.10
90th Percentile £55.00 £55.75 £34.50
England median hourly rate £35.00 £37.30 £23.96
% change year-on-year -6.17% +55.71% -0.19%

Procure-to-Pay
Job Vacancy Trend in the Midlands

Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised in the Midlands.

Job vacancy trend for Procure-to-Pay in the Midlands

Procure-to-Pay
Contractor Daily Rate Trend in the Midlands

3-month moving average daily rate quoted in jobs citing Procure-to-Pay in the Midlands.

Daily rate trend for Procure-to-Pay in the Midlands

Procure-to-Pay
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Procure-to-Pay in the Midlands over the 6 months to 18 April 2024.

Daily rate histogram for Procure-to-Pay in the Midlands

Procure-to-Pay
Contractor Hourly Rate Trend in the Midlands

3-month moving average hourly rates quoted in jobs citing Procure-to-Pay in the Midlands.

Hourly rate trend for Procure-to-Pay in the Midlands

Procure-to-Pay
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Procure-to-Pay within the Midlands region over the 6 months to 18 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
West Midlands - 5 £550 - 2
East Midlands +14 1 - - 1
Procure-to-Pay
England

Procure-to-Pay
Co-occurring Skills and Capabilities in the Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (14.29%) Microsoft Excel
Business Applications
1 1 (14.29%) Oracle Assets
1 1 (14.29%) Oracle Cash Management
1 1 (14.29%) Oracle Financials
1 1 (14.29%) Oracle General Ledger
1 1 (14.29%) Oracle Payables
1 1 (14.29%) Oracle Procure-to-Pay
1 1 (14.29%) Oracle Receivables
Cloud Services
1 1 (14.29%) Tricentis Tosca
General
1 7 (100.00%) Finance
2 4 (57.14%) Social Skills
3 2 (28.57%) Automotive
3 2 (28.57%) Manufacturing
4 1 (14.29%) Retail
Job Titles
1 3 (42.86%) Product Manager
2 2 (28.57%) Analyst
2 2 (28.57%) Digital Product Manager
2 2 (28.57%) Lead
2 2 (28.57%) Test Leader
3 1 (14.29%) Business Finance Analyst
3 1 (14.29%) Buyer
3 1 (14.29%) Cybersecurity Manager
3 1 (14.29%) Finance Business Analyst
3 1 (14.29%) Finance Manager
3 1 (14.29%) Financial Analyst
3 1 (14.29%) IT Buyer
3 1 (14.29%) IT Manager
3 1 (14.29%) Lead Test Analyst
3 1 (14.29%) Oracle Analyst
3 1 (14.29%) Risk Manager
3 1 (14.29%) Security Manager
3 1 (14.29%) Security Product Manager
3 1 (14.29%) Test Analyst
3 1 (14.29%) Transformation Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) Oracle Fusion
Processes & Methodologies
1 4 (57.14%) Agile
2 3 (42.86%) Stakeholder Management
3 2 (28.57%) Data Analysis
3 2 (28.57%) Order to Cash
3 2 (28.57%) Process Improvement
3 2 (28.57%) Product Management
3 2 (28.57%) Project Management
3 2 (28.57%) Test Planning
4 1 (14.29%) Cybersecurity
4 1 (14.29%) Data Privacy
4 1 (14.29%) Decision-Making
4 1 (14.29%) DevOps
4 1 (14.29%) Functional Testing
4 1 (14.29%) Problem-Solving
4 1 (14.29%) Project Delivery
4 1 (14.29%) Record to Report
4 1 (14.29%) Requirements Gathering
4 1 (14.29%) Source to Pay
4 1 (14.29%) Technical Debt
4 1 (14.29%) Test Strategy
Programming Languages
1 1 (14.29%) ProC
Qualifications
1 1 (14.29%) BPSS Clearance
1 1 (14.29%) DBS Check
1 1 (14.29%) Degree
1 1 (14.29%) SC Cleared
1 1 (14.29%) Security Cleared
Vendors
1 1 (14.29%) Oracle
1 1 (14.29%) SAP