Abstract: This article examines the problems in the area of procurement by state-owned enterprises (SOE). The subject of this research is the work of the monitoring agencies in the procurement area. The relevance of research in this area is very high due to undisputed interest by the state as the proprietor in increasing the efficiency of procurement by the SOEs. Special attention is given to the analysis of the concepts of “procurement”, “market” and “monitoring” as the basic and necessary aspects for this research. In doing so, the author carefully examines the aspects of development of forms of electronic procurement monitoring. One of the key conclusions made in the course of this research is the possibility of practical application of the algorithm of electronic monitoring of the purchaser registration for prevention of fraudulent activities by legal entities. The scientific novelty consists in the substantiation of the need to transition the mechanism of dispute of procurement to an electronic platform, which would allow cutting costs for the monitoring agency. The results of this research suggest that it is necessary to form a catalogue of products, work and services in order to analyze the procurement by the monitoring and auditing agencies more efficiently.