The following table provides summary statistics for contract job vacancies advertised in the City of London 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 3 months to 30 April 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Procure-to-Pay (including Purchase-to-Pay, P2P)
London / City of London
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank 156 - 187
Rank change year-on-year - 0  
Contract jobs citing Procure-to-Pay 9 0 11
As % of all contract IT jobs advertised in the City of London 0.28% - 0.20%
As % of the Processes & Methodologies category 0.33% - 0.24%
Number of daily rates quoted 4 0 8
Median daily rate £463 - £500
90% offered a daily rate of more than £172 - £363
10% offered a daily rate of more than £760 - £533
UK excluding London median daily rate £425 £388 £400
% change year-on-year +9.67% -3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £12.10

Procure-to-Pay is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2751 3036 4508
As % of all contract IT job vacancies advertised in the City of London 85.94% 86.94% 81.95%
Number of daily rates quoted 2093 2459 3507
Median daily rate £500 £475 £463
Median daily rate % change year-on-year +5.26% +2.70%  
90% offered a daily rate of more than £355 £325 £320
10% offered a daily rate of more than £625 £625 £601
UK excluding London median daily rate £415 £400 £390
% change year-on-year +3.75% +2.56%  
Number of hourly rates quoted 28 27 43
Median hourly rate £16.00 £19.00 £24.23
Median hourly rate % change year-on-year -15.78% -21.58%  
90% offered a hourly rate of more than £13.50 £16.75 £14.55
10% offered a hourly rate of more than £28.35 £44.00 £92.50
UK excluding London median hourly rate £36.00 £36.00 £30.50
% change year-on-year - +18.03%  

Procure-to-Pay
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Procure-to-Pay as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Procure-to-Pay in the City of London

Procure-to-Pay
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Procure-to-Pay in the City of London.

Contractor daily rate trend for Procure-to-Pay in the City of London

Procure-to-Pay
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Procure-to-Pay in the City of London over the 3 months to 30 April 2017.

Contractor daily rate histogram for Procure-to-Pay in the City of London

Procure-to-Pay
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Procure-to-Pay in the City of London.

Contractor hourly rate trend for Procure-to-Pay in the City of London

For the 6 months to 30 April 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 14 (82.35%) Finance
2 8 (47.06%) Project Management
3 6 (35.29%) SAP
3 6 (35.29%) Order to Cash
3 6 (35.29%) Record to Report
4 4 (23.53%) ERP
4 4 (23.53%) Oracle
4 4 (23.53%) ACCA
4 4 (23.53%) Validation
4 4 (23.53%) CIMA
4 4 (23.53%) Change Management
4 4 (23.53%) Oracle Procure-to-Pay
5 3 (17.65%) QA
5 3 (17.65%) Oracle EBS
6 2 (11.76%) NHS
6 2 (11.76%) BusinessObjects
6 2 (11.76%) E-Procurement
6 2 (11.76%) GAP Analysis
6 2 (11.76%) Asset Management
6 2 (11.76%) Unit Testing
6 2 (11.76%) Oracle EBS R12
7 1 (5.88%) HP Quality Center
7 1 (5.88%) Yardi
7 1 (5.88%) Continuous Improvement
7 1 (5.88%) SAP HANA
7 1 (5.88%) Oracle BI Publisher
7 1 (5.88%) Integration Testing
7 1 (5.88%) BPMN
7 1 (5.88%) Oracle BI EE
7 1 (5.88%) Oracle General Ledger

Procure-to-Pay
Co-occurring 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:

Application Platforms
1 1 (5.88%) Oracle Workflow
Applications
1 1 (5.88%) Microsoft Excel
Business Applications
1 4 (23.53%) Oracle Procure-to-Pay
2 3 (17.65%) Oracle EBS
3 2 (11.76%) Oracle EBS R12
4 1 (5.88%) Oracle Financials
4 1 (5.88%) Oracle General Ledger
4 1 (5.88%) Oracle Internet Expenses
Database & Business Intelligence
1 2 (11.76%) BusinessObjects
2 1 (5.88%) Oracle BI EE
2 1 (5.88%) Oracle BI Publisher
2 1 (5.88%) Oracle Discoverer
2 1 (5.88%) QlikView
2 1 (5.88%) SAP HANA
2 1 (5.88%) SQLPlus
General
1 14 (82.35%) Finance
2 1 (5.88%) Billing
2 1 (5.88%) General Ledger
Job Titles
1 4 (23.53%) Project Manager
2 3 (17.65%) Analyst
3 2 (11.76%) Accountant
3 2 (11.76%) IT Manager
3 2 (11.76%) IT Project Manager
3 2 (11.76%) SAP Manager
3 2 (11.76%) SAP Solutions Manager
3 2 (11.76%) Systems Accountant
3 2 (11.76%) Workstream Lead
4 1 (5.88%) Business Analyst
4 1 (5.88%) Consultant
4 1 (5.88%) E-Business Consultant
4 1 (5.88%) IT Analyst
4 1 (5.88%) IT Business Analyst
4 1 (5.88%) Oracle Analyst
4 1 (5.88%) Oracle Consultant
4 1 (5.88%) Oracle Project Manager
4 1 (5.88%) Oracle Team Leader
4 1 (5.88%) Process Analyst
4 1 (5.88%) Test Analyst
Libraries, Frameworks & Software Standards
1 1 (5.88%) XML
Miscellaneous
1 2 (11.76%) NHS
2 1 (5.88%) Analytical Skills
2 1 (5.88%) Management Information System
Processes & Methodologies
1 8 (47.06%) Project Management
2 6 (35.29%) Order to Cash
2 6 (35.29%) Record to Report
3 4 (23.53%) Change Management
3 4 (23.53%) ERP
3 4 (23.53%) Validation
4 2 (11.76%) Asset Management
4 2 (11.76%) E-Procurement
4 2 (11.76%) GAP Analysis
4 2 (11.76%) Unit Testing
5 1 (5.88%) BPMN
5 1 (5.88%) Business Analysis
5 1 (5.88%) Business Intelligence
5 1 (5.88%) Continuous Improvement
5 1 (5.88%) Data Analysis
5 1 (5.88%) Integration Testing
5 1 (5.88%) Migration
5 1 (5.88%) Stakeholder Management
5 1 (5.88%) User Acceptance Testing
5 1 (5.88%) Workflow
Programming Languages
1 1 (5.88%) PL/SQL
1 1 (5.88%) SQL
Qualifications
1 4 (23.53%) ACCA
1 4 (23.53%) CIMA
Quality Assurance & Compliance
1 3 (17.65%) QA
Systems Management
1 1 (5.88%) HP Quality Center
Vendors
1 6 (35.29%) SAP
2 4 (23.53%) Oracle
3 1 (5.88%) HP
3 1 (5.88%) Informatica
3 1 (5.88%) Yardi
City, London
Hatstand Limited
Rate: £500 - £650 per day
Posted: 4 days ago