Procure-to-Pay (including Purchase-to-Pay, P2P)
UK
The table below provides summary statistics for contract job vacancies requiring Procure-to-Pay skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Procure-to-Pay over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.
| 6 months to 12 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 414 | 489 | 592 |
| Rank change year-on-year | +75 | +103 | -69 |
| Contract jobs citing Procure-to-Pay | 173 | 213 | 260 |
| As % of all contract jobs advertised in the UK | 0.40% | 0.38% | 0.30% |
| As % of the Processes & Methodologies category | 0.47% | 0.43% | 0.33% |
| Number of daily rates quoted | 103 | 109 | 176 |
| 10th Percentile | £426 | £356 | £369 |
| 25th Percentile | £499 | £475 | £463 |
| Median daily rate (50th Percentile) | £550 | £575 | £550 |
| Median % change year-on-year | -4.35% | +4.55% | +4.76% |
| 75th Percentile | £675 | £650 | £650 |
| 90th Percentile | £838 | £808 | £719 |
| UK excluding London median daily rate | £550 | £550 | £550 |
| % change year-on-year | - | - | +41.94% |
| Number of hourly rates quoted | 1 | 6 | 0 |
| Median hourly rate | £30.00 | £75.00 | - |
| Median % change year-on-year | -60.00% | - | - |
| UK excluding London median hourly rate | £30.00 | £75.00 | - |
| % change year-on-year | -60.00% | - | - |
All Process and Methodology Skills
UK
Procure-to-Pay falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 37,178 | 49,770 | 79,013 |
| As % of all contract IT jobs advertised in the UK | 85.13% | 89.61% | 90.64% |
| Number of daily rates quoted | 23,737 | 34,458 | 55,587 |
| 10th Percentile | £300 | £325 | £350 |
| 25th Percentile | £413 | £438 | £436 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £638 | £650 | £650 |
| 90th Percentile | £750 | £750 | £743 |
| UK excluding London median daily rate | £500 | £500 | £490 |
| % change year-on-year | - | +2.04% | +8.89% |
| Number of hourly rates quoted | 2,579 | 1,678 | 1,852 |
| 10th Percentile | £12.75 | £10.96 | £12.50 |
| 25th Percentile | £16.00 | £15.75 | £15.90 |
| Median hourly rate | £37.00 | £35.65 | £26.00 |
| Median % change year-on-year | +3.79% | +37.12% | +13.04% |
| 75th Percentile | £61.28 | £65.00 | £50.15 |
| 90th Percentile | £72.50 | £75.00 | £65.25 |
| UK excluding London median hourly rate | £38.12 | £34.90 | £21.00 |
| % change year-on-year | +9.23% | +66.18% | - |
Procure-to-Pay
Job Vacancy Trend
Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised.
Procure-to-Pay
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Procure-to-Pay.
Procure-to-Pay
Daily Rate Histogram
Daily rate distribution for jobs citing Procure-to-Pay over the 6 months to 12 June 2024.
Procure-to-Pay
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Procure-to-Pay.
Procure-to-Pay
Top 14 Contract Locations
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 UK over the 6 months to 12 June 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 |
|---|---|---|---|---|---|
| England | +58 | 143 | £550 | -4.35% | 68 |
| UK excluding London | +59 | 96 | £550 | - | 42 |
| Work from Home | +116 | 75 | £600 | +9.09% | 362 |
| London | +32 | 52 | £550 | -4.35% | 25 |
| South East | +32 | 40 | £625 | +4.17% | 15 |
| North of England | +20 | 20 | £623 | +37.57% | 9 |
| East of England | +14 | 15 | £500 | -37.50% | 10 |
| Yorkshire | +20 | 10 | £540 | +0.47% | 3 |
| Scotland | +44 | 9 | £725 | +38.10% | 2 |
| North West | +12 | 9 | £623 | +38.33% | 5 |
| Midlands | +18 | 7 | £575 | -17.86% | 5 |
| West Midlands | +18 | 6 | £575 | -17.86% | 5 |
| South West | - | 5 | £475 | - | 2 |
| East Midlands | - | 1 | - | - |
Procure-to-Pay
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:
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