Application Of Electronic Procurement System

[Title Here, up to 12 Words, on One to Two Lines][Author Name(s), First M. Last, Omit Titles and Degrees][Institutional Affiliation(s)]Student profileTo be written by the student[Title Here, up to 12 Words, on One to Two Lines]One of the items of the state budget expenditures is government procurement, which is the purchase of goods, services and works for the budget funds to meet state and municipal needs. The management of the expenditures of the state budget is carried out to summarize and accumulate in the information system the data on performed operations of the state budget at the expense following the requirements of the legislation. Monitoring of expenditures of the state budget may be carried out through the introduction of open tenders for the application of the system of state electronic procurement.The urgency of the issue is confirmed by the need for identifying effective mechanisms for public procurement, rational use of federal funds, as well as improving the quality of business service provider for state institutions, organizations, and enterprises financed from the state budget.The purpose of the paper is to identify the advantages and disadvantages of the practical application of the electronic procurement system for