Contract analyst vs process analyst

The differences between contract analysts and process analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a contract analyst and a process analyst. Additionally, a process analyst has an average salary of $73,233, which is higher than the $54,544 average annual salary of a contract analyst.

The top three skills for a contract analyst include customer service, contract management and contract terms. The most important skills for a process analyst are process improvement, project management, and customer service.

Contract analyst vs process analyst overview

	Contract Analyst	Process Analyst
Yearly salary	$54,544	$73,233
Hourly rate	$26.22	$35.21
Growth rate	9%	11%
Number of jobs	58,593	123,238
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 66%
Average age	40	44
Years of experience	4	4

What does a contract analyst do?

A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.

What does a process analyst do?

A process analyst is also known as an operations research analyst, who evaluates in detail the steps in producing products and making important decisions as well as providing recommendations on how to enhance them. They are IT specialists that analyze the business process and workflows to determine how they can be computerized and improved. Responsibilities include identifying problems and risks as well as engaging in problem resolution. Important skills to consider for applicants include being innovative thinkers and goal-oriented.

Contract analyst vs process analyst salary

Contract analysts and process analysts have different pay scales, as shown below.

	Contract Analyst	Process Analyst
Average salary	$54,544	$73,233
Salary range	Between $39,000 And $74,000	Between $49,000 And $108,000
Highest paying City	Jersey City, NJ	Santa Clara, CA
Highest paying state	New Jersey	Connecticut
Best paying company	AstraZeneca	Apple
Best paying industry	Pharmaceutical	Finance

Differences between contract analyst and process analyst education

There are a few differences between a contract analyst and a process analyst in terms of educational background:

	Contract Analyst	Process Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	Northwestern University

Contract analyst vs process analyst demographics

Here are the differences between contract analysts' and process analysts' demographics:

	Contract Analyst	Process Analyst
Average age	40	44
Gender ratio	Male, 41.2% Female, 58.8%	Male, 50.8% Female, 49.2%
Race ratio	Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%	Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 12.2% White, 66.0% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	12%

Differences between contract analyst and process analyst duties and responsibilities

Contract analyst example responsibilities.

Manage RFQ generation, proposal analysis, documentation, PO generation, and subcontractor and supplier follow-up.
Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
Conduct internal audits of the company and audits of subcontractor performance and adherence to Medicare and Medicaid regulations.
Coordinate and monitor ethics training with NFA and vendor.
Identify issues and conduct investigations of ethics and compliance relate matters.
Develop and issue structured requests for information (RFI, RFQ, and RFP).

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Process analyst example responsibilities.

Lead the development and implementation of application and infrastructure solutions that are stable, operationally healthy, and supportable in production.
Develop and manage department SharePoint site to use as a collaborative document management tool.
Collaborate with project manager in tracking and managing project development process following RUP base SDLC methodologies.
Used Visio for process mapping to review operational procedures when determining areas of improvement.
Look at Java code to help debug it.
Test CRM platform through complex use of matrices to be able to segment a database for a more applicable personal contact.

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Contract analyst vs process analyst skills

Common contract analyst skills

Customer Service, 10%
Contract Management, 8%
Contract Terms, 5%
SQL, 5%
HR, 4%
Data Entry, 4%

Common process analyst skills

Process Improvement, 9%
Project Management, 7%
Customer Service, 6%
Continuous Improvement, 5%
Sigma, 4%
Business Processes, 4%

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Updated January 8, 2025

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