Procure-to-Pay Contracts in the West Midlands

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

The following table provides summary statistics for contract job vacancies advertised in the West 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 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 109 132 159
Rank change year-on-year +23 +27 -39
Contract jobs citing Procure-to-Pay 3 2 4
As % of all contract jobs advertised in the West Midlands 0.16% 0.086% 0.11%
As % of the Processes & Methodologies category 0.19% 0.098% 0.13%
Number of daily rates quoted 3 1 1
10th Percentile £403 - -
25th Percentile £406 £525 £613
Median daily rate (50th Percentile) £425 £550 £625
Median % change year-on-year -22.73% -12.00% +11.11%
75th Percentile £519 £575 £638
90th Percentile £568 - -
England median daily rate £560 £555 £575
% change year-on-year +0.90% -3.48% +9.52%

All Process and Methodology Skills
West 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 West Midlands with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 1,604 2,048 3,168
As % of all contract IT jobs advertised in the West Midlands 83.72% 88.47% 90.15%
Number of daily rates quoted 1,063 1,401 2,324
10th Percentile £275 £263 £275
25th Percentile £363 £400 £400
Median daily rate (50th Percentile) £500 £513 £488
Median % change year-on-year -2.44% +5.13% +14.71%
75th Percentile £625 £600 £575
90th Percentile £750 £700 £675
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 115 46 65
10th Percentile £11.09 £12.25 £12.00
25th Percentile £14.00 £13.31 £13.87
Median hourly rate £22.50 £19.00 £16.83
Median % change year-on-year +18.42% +12.93% +0.03%
75th Percentile £40.25 £28.35 £19.86
90th Percentile £57.75 £50.63 £21.40
England median hourly rate £36.50 £37.30 £24.50
% change year-on-year -2.14% +52.24% +4.26%

Procure-to-Pay
Job Vacancy Trend in the West Midlands

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

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

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

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

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

Procure-to-Pay
Daily Rate Histogram in the West Midlands

Daily rate distribution for jobs citing Procure-to-Pay in the West Midlands over the 6 months to 9 May 2024.

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

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

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

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

Procure-to-Pay
Contract Job Locations in the West 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 West Midlands region over the 6 months to 9 May 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
Birmingham - 2 £475 - 1
Staffordshire - 1 £425 -
Procure-to-Pay
England

Procure-to-Pay
Co-occurring Skills and Capabilities in the West 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:

Business Applications
1 1 (33.33%) Oracle Assets
1 1 (33.33%) Oracle Cash Management
1 1 (33.33%) Oracle Financials
1 1 (33.33%) Oracle General Ledger
1 1 (33.33%) Oracle Payables
1 1 (33.33%) Oracle Procure-to-Pay
1 1 (33.33%) Oracle Receivables
Cloud Services
1 1 (33.33%) Tricentis Tosca
General
1 3 (100.00%) Finance
2 2 (66.67%) Social Skills
3 1 (33.33%) Manufacturing
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Lead
1 2 (66.67%) Test Leader
2 1 (33.33%) Business Analyst
2 1 (33.33%) Business Finance Analyst
2 1 (33.33%) Finance Business Analyst
2 1 (33.33%) Financial Analyst
2 1 (33.33%) Lead Test Analyst
2 1 (33.33%) Oracle Analyst
2 1 (33.33%) Test Analyst
2 1 (33.33%) Transformation Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) Oracle Fusion
Processes & Methodologies
1 2 (66.67%) Order to Cash
1 2 (66.67%) Process Improvement
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Test Planning
2 1 (33.33%) Agile
2 1 (33.33%) Budgeting
2 1 (33.33%) Continuous Improvement
2 1 (33.33%) Decision-Making
2 1 (33.33%) ERP
2 1 (33.33%) Functional Testing
2 1 (33.33%) Problem-Solving
2 1 (33.33%) Record to Report
2 1 (33.33%) Regression Testing
2 1 (33.33%) Requirements Gathering
2 1 (33.33%) Source to Pay
2 1 (33.33%) Test Management
2 1 (33.33%) Test Strategy
Programming Languages
1 1 (33.33%) ProC
Qualifications
1 1 (33.33%) SC Cleared
1 1 (33.33%) Security Cleared
Vendors
1 1 (33.33%) Oracle
1 1 (33.33%) SAP