Invoice Processing Contracts

Invoice Processing
UK

The following table provides summary statistics for contract job vacancies with a requirement for Invoice Processing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Invoice Processing over the 6 months to 3 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
3 May 2024
Same period 2023 Same period 2022
Rank 572 699 837
Rank change year-on-year +127 +138 -143
Contract jobs citing Invoice Processing 18 4 23
As % of all contract jobs advertised in the UK 0.041% 0.007% 0.026%
As % of the Processes & Methodologies category 0.048% 0.008% 0.029%
Number of daily rates quoted 13 2 6
10th Percentile - £470 -
25th Percentile £410 £500 £133
Median daily rate (50th Percentile) £495 £600 £185
Median % change year-on-year -17.50% +224.32% -63.00%
75th Percentile £500 £700 £638
90th Percentile £675 £730 £775
UK excluding London median daily rate £495 - -
Number of hourly rates quoted 2 0 0
10th Percentile £12.45 - -
25th Percentile £13.13 - -
Median hourly rate £14.50 - -
75th Percentile £16.13 - -
90th Percentile £16.95 - -
UK excluding London median hourly rate £14.50 - -

All Process and Methodology Skills
UK

Invoice Processing 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 with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,452 53,231 80,444
As % of all contract IT jobs advertised in the UK 86.33% 89.85% 90.62%
Number of daily rates quoted 24,130 36,930 56,488
10th Percentile £300 £325 £341
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,454 1,752 1,920
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.50
Median hourly rate £35.95 £36.00 £25.00
Median % change year-on-year -0.14% +44.00% +2.04%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £64.53
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.98%

Invoice Processing
Job Vacancy Trend

Job postings citing Invoice Processing as a proportion of all IT jobs advertised.

Job vacancy trend for Invoice Processing in the UK

Invoice Processing
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Invoice Processing.

Daily rate trend for Invoice Processing in the UK

Invoice Processing
Daily Rate Histogram

Daily rate distribution for jobs citing Invoice Processing over the 6 months to 3 May 2024.

Daily rate histogram for Invoice Processing in the UK

Invoice Processing
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Invoice Processing.

Hourly rate trend for Invoice Processing in the UK

Invoice Processing
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Invoice Processing within the UK over the 6 months to 3 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
Work from Home +134 13 £495 -17.50% 6
England +134 12 £500 -16.67% 17
UK excluding London - 8 £495 - 14
East of England - 6 £495 - 5
London +95 4 £650 +8.33% 2
South East - 2 - - 8

Invoice Processing
Co-occurring Skills and Capabilities 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:

Application Platforms
1 1 (5.56%) Confluence
Applications
1 1 (5.56%) Microsoft Office
Business Applications
1 12 (66.67%) OpenText VIM for SAP
2 10 (55.56%) SAP FI-AP
3 1 (5.56%) Carpe Diem
3 1 (5.56%) Dynamics CRM
3 1 (5.56%) Elite 3E
Cloud Services
1 3 (16.67%) Microsoft 365
2 2 (11.11%) Microsoft Purview
General
1 8 (44.44%) Manufacturing
2 6 (33.33%) Social Skills
3 3 (16.67%) Finance
3 3 (16.67%) Law
4 2 (11.11%) Legal
5 1 (5.56%) Back Office
5 1 (5.56%) Billing
5 1 (5.56%) General Ledger
5 1 (5.56%) Public Speaking
Job Titles
1 6 (33.33%) Architect
1 6 (33.33%) Developer
2 4 (22.22%) Consultant
3 2 (11.11%) Information Security Consultant
3 2 (11.11%) SAP Consultant
3 2 (11.11%) Security Consultant
4 1 (5.56%) Administrator
4 1 (5.56%) Data Manager
4 1 (5.56%) IT Trainer
4 1 (5.56%) Market Data Manager
4 1 (5.56%) Procurement Administrator
4 1 (5.56%) SAP Developer
4 1 (5.56%) Trainer
Libraries, Frameworks & Software Standards
1 10 (55.56%) EDI
1 10 (55.56%) IDoc
2 8 (44.44%) SAP Business Workflow
3 2 (11.11%) SAP Fiori
Miscellaneous
1 2 (11.11%) Management Information System
2 1 (5.56%) Enterprise Software
Processes & Methodologies
1 13 (72.22%) Workflow
2 11 (61.11%) Accounts Payable
3 10 (55.56%) Analytics
3 10 (55.56%) OCR
3 10 (55.56%) Root Cause Analysis
4 3 (16.67%) Data Governance
5 2 (11.11%) Asset Management
5 2 (11.11%) Business Analysis
5 2 (11.11%) Change Management
5 2 (11.11%) Cybersecurity
5 2 (11.11%) Data Loss Prevention
5 2 (11.11%) Information Security
5 2 (11.11%) Roadmaps
5 2 (11.11%) Security Testing
5 2 (11.11%) Translating Business Requirements
5 2 (11.11%) Use Case
6 1 (5.56%) Document Management
6 1 (5.56%) Investment Management
6 1 (5.56%) Stakeholder Engagement
6 1 (5.56%) Workflow Management
Programming Languages
1 10 (55.56%) ABAP
Quality Assurance & Compliance
1 2 (11.11%) GRC
Vendors
1 12 (66.67%) OpenText
1 12 (66.67%) SAP
2 2 (11.11%) Microsoft
3 1 (5.56%) iManage
3 1 (5.56%) Intapp