Source to Pay Contracts

Source to Pay (S2P)
UK

The table below provides summary statistics for contract job vacancies requiring Source to Pay skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Source 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 551 652 809
Rank change year-on-year +101 +157 -129
Contract jobs citing Source to Pay 33 45 39
As % of all contract jobs advertised in the UK 0.076% 0.081% 0.045%
As % of the Processes & Methodologies category 0.089% 0.090% 0.049%
Number of daily rates quoted 20 16 24
10th Percentile £411 £456 £363
25th Percentile £482 £494 £494
Median daily rate (50th Percentile) £588 £606 £650
Median % change year-on-year -3.09% -6.73% +35.06%
75th Percentile £656 £819 £713
90th Percentile £942 £913 £792
UK excluding London median daily rate £518 £613 £544
% change year-on-year -15.51% +12.64% +61.11%
Number of hourly rates quoted 0 1 0
Median hourly rate - £95.00 -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

Source 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% -

Source to Pay
Job Vacancy Trend

Job postings citing Source to Pay as a proportion of all IT jobs advertised.

Job vacancy trend for Source to Pay in the UK

Source to Pay
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Source to Pay.

Daily rate trend for Source to Pay in the UK

Source to Pay
Daily Rate Histogram

Daily rate distribution for jobs citing Source to Pay over the 6 months to 12 June 2024.

Daily rate histogram for Source to Pay in the UK

Source to Pay
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Source to Pay.

Hourly rate trend for Source to Pay in the UK

Source to Pay
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Source 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 +82 26 £575 -25.81% 13
London +86 19 £575 -34.29% 7
Work from Home +108 13 £540 +6.67% 6
UK excluding London +22 7 £518 -15.51% 5
South East +10 4 £610 +4.95% 1
West Midlands +20 3 £425 -39.29% 3
Midlands +19 3 £425 -39.29% 3

Source 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:

Application Platforms
1 1 (3.03%) Confluence
1 1 (3.03%) SharePoint
Applications
1 1 (3.03%) MS Visio
Business Applications
1 9 (27.27%) SAP S/4HANA
2 3 (9.09%) SAP MM
3 1 (3.03%) Oracle Procure-to-Pay
3 1 (3.03%) SAP LE
Cloud Services
1 5 (15.15%) Dynamics 365
2 3 (9.09%) Azure
2 3 (9.09%) Azure DevOps
2 3 (9.09%) Azure Key Vault
2 3 (9.09%) Azure Service Bus
3 2 (6.06%) Salesforce Service Cloud
4 1 (3.03%) SAP Fieldglass
Database & Business Intelligence
1 3 (9.09%) Azure SQL Database
2 2 (6.06%) Tableau
3 1 (3.03%) Data Lake
Development Applications
1 2 (6.06%) JIRA
General
1 19 (57.58%) Finance
2 12 (36.36%) Social Skills
3 7 (21.21%) Analytical Skills
4 5 (15.15%) Legal
5 4 (12.12%) Manufacturing
6 3 (9.09%) Pharmaceutical
6 3 (9.09%) Retail
7 2 (6.06%) Presentation Skills
8 1 (3.03%) Back Office
8 1 (3.03%) Banking
8 1 (3.03%) Documentation Skills
8 1 (3.03%) Inclusion and Diversity
8 1 (3.03%) Local Government
8 1 (3.03%) Marketing
8 1 (3.03%) Public Sector
Job Titles
1 7 (21.21%) Architect
2 6 (18.18%) Analyst
2 6 (18.18%) Solutions Architect
3 5 (15.15%) Project Manager
4 4 (12.12%) ERP Architect
5 3 (9.09%) Consultant
5 3 (9.09%) Data Analyst
5 3 (9.09%) Lead
5 3 (9.09%) Procurement Analyst
5 3 (9.09%) Procurement Consultant
5 3 (9.09%) SAP Architect
5 3 (9.09%) SAP Solutions Architect
6 2 (6.06%) Azure Architect
6 2 (6.06%) Business Analyst
6 2 (6.06%) Delivery Director
6 2 (6.06%) Functional Consultant
6 2 (6.06%) Programme Director
6 2 (6.06%) Programme Manager
6 2 (6.06%) SAP Consultant
6 2 (6.06%) SAP S/4HANA Architect
Libraries, Frameworks & Software Standards
1 3 (9.09%) .NET
1 3 (9.09%) .NET Core
1 3 (9.09%) .NET Framework
1 3 (9.09%) ARM Templates
1 3 (9.09%) ASP.NET Web API
1 3 (9.09%) CSS
1 3 (9.09%) Entity Framework
1 3 (9.09%) jQuery
1 3 (9.09%) React
1 3 (9.09%) Twitter Bootstrap
2 1 (3.03%) IDoc
2 1 (3.03%) Oracle Fusion
Miscellaneous
1 4 (12.12%) Product Ownership
2 3 (9.09%) FMCG
2 3 (9.09%) N-Tier
3 2 (6.06%) Self-Motivation
4 1 (3.03%) Enterprise Software
4 1 (3.03%) Life Science
4 1 (3.03%) Management Information System
4 1 (3.03%) Microsoft Licensing
4 1 (3.03%) Onboarding
Processes & Methodologies
1 10 (30.30%) Procure-to-Pay
1 10 (30.30%) Stakeholder Management
2 9 (27.27%) ERP
2 9 (27.27%) Record to Report
3 7 (21.21%) Project Management
4 6 (18.18%) Order to Cash
4 6 (18.18%) Programme Management
4 6 (18.18%) Risk Management
4 6 (18.18%) Supplier Management
5 5 (15.15%) Analytics
5 5 (15.15%) Business Forecasting
5 5 (15.15%) Business Intelligence
5 5 (15.15%) Change Management
5 5 (15.15%) Data Analytics
5 5 (15.15%) Data Migration
5 5 (15.15%) Migration
5 5 (15.15%) Planning and Forecasting
5 5 (15.15%) PLM
5 5 (15.15%) Problem-Solving
6 4 (12.12%) Supply Chain Management
Programming Languages
1 3 (9.09%) C#
1 3 (9.09%) JavaScript
1 3 (9.09%) PowerShell
1 3 (9.09%) Python
1 3 (9.09%) SQL
Qualifications
1 2 (6.06%) Degree
Quality Assurance & Compliance
1 2 (6.06%) PMO
2 1 (3.03%) GRC
2 1 (3.03%) SLA
Systems Management
1 3 (9.09%) Terraform
Vendors
1 19 (57.58%) SAP
2 7 (21.21%) Ariba
3 6 (18.18%) Oracle
4 2 (6.06%) Alteryx
4 2 (6.06%) Microsoft
4 2 (6.06%) OneTrust
4 2 (6.06%) Salesforce
5 1 (3.03%) Concur
5 1 (3.03%) Nintex
5 1 (3.03%) ServiceNow