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 29 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 May 2024
Same period 2023 Same period 2022
Rank 573 689 815
Rank change year-on-year +116 +126 -119
Contract jobs citing Invoice Processing 14 6 26
As % of all contract jobs advertised in the UK 0.033% 0.011% 0.030%
As % of the Processes & Methodologies category 0.038% 0.012% 0.033%
Number of daily rates quoted 11 4 7
10th Percentile - £212 -
25th Percentile £410 £220 £133
Median daily rate (50th Percentile) £475 £363 £225
Median % change year-on-year +31.03% +61.11% -55.00%
75th Percentile £498 £600 £538
90th Percentile £500 £690 £775
UK excluding London median daily rate £495 - £300
% change year-on-year - - -40.00%
Number of hourly rates quoted 1 0 0
Median hourly rate £12.00 - -
UK excluding London median hourly rate £12.00 - -

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 36,749 50,370 79,373
As % of all contract IT jobs advertised in the UK 85.64% 89.70% 90.61%
Number of daily rates quoted 23,629 34,859 55,702
10th Percentile £300 £325 £345
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £640
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £486
% change year-on-year - +2.87% +9.23%
Number of hourly rates quoted 2,511 1,675 1,892
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.75 £15.50
Median hourly rate £36.50 £37.00 £25.68
Median % change year-on-year -1.35% +44.08% +7.00%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -4.99%

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 29 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 29 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 +127 11 £495 -17.50% 3
England +103 8 £495 +36.55% 10
UK excluding London - 7 £495 - 9
East of England - 6 £495 - 3
London +81 1 £650 +79.31% 3
South East - 1 - - 3

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:

Business Applications
1 12 (85.71%) OpenText VIM for SAP
2 10 (71.43%) SAP FI-AP
Cloud Services
1 1 (7.14%) Microsoft 365
1 1 (7.14%) Microsoft Purview
General
1 8 (57.14%) Manufacturing
2 3 (21.43%) Social Skills
3 1 (7.14%) Finance
3 1 (7.14%) Law
Job Titles
1 6 (42.86%) Architect
1 6 (42.86%) Developer
2 3 (21.43%) Consultant
3 2 (14.29%) SAP Consultant
4 1 (7.14%) Information Security Consultant
4 1 (7.14%) SAP Developer
4 1 (7.14%) Security Consultant
Libraries, Frameworks & Software Standards
1 10 (71.43%) EDI
1 10 (71.43%) IDoc
2 8 (57.14%) SAP Business Workflow
3 2 (14.29%) SAP Fiori
Miscellaneous
1 1 (7.14%) Management Information System
Processes & Methodologies
1 12 (85.71%) Workflow
2 11 (78.57%) Accounts Payable
3 10 (71.43%) Analytics
3 10 (71.43%) OCR
3 10 (71.43%) Root Cause Analysis
4 2 (14.29%) Translating Business Requirements
5 1 (7.14%) Business Analysis
5 1 (7.14%) Change Management
5 1 (7.14%) Cybersecurity
5 1 (7.14%) Data Governance
5 1 (7.14%) Data Loss Prevention
5 1 (7.14%) Information Security
5 1 (7.14%) Roadmaps
5 1 (7.14%) Security Testing
5 1 (7.14%) Use Case
Programming Languages
1 10 (71.43%) ABAP
Quality Assurance & Compliance
1 1 (7.14%) GRC
Vendors
1 12 (85.71%) OpenText
1 12 (85.71%) SAP
2 2 (14.29%) Microsoft