The purpose of the study is to increase the efficiency of financial management through digitization in the public sector.
The purpose of the study is to determine the impact of digital ecosystems on the results of financial management in state institutions of Azerbaijan and other countries. Methodology: The study used methodological tools of regression and correlation analysis, as well as descriptive statistics, to determine the impact of digitalization on the effectiveness of financial management of institutions. Results: Correlation analysis confirmed a strong positive relationship between digitization costs and management efficiency. The article provides practical recommendations on optimizing the application of digital technologies in public finance management, including the development of electronic services and increasing the level of digital literacy. Originality: Future research in the chosen direction will be directed to the formation and implementation of the system of key indicators of the effectiveness of digital ecosystems from the point of view of the efficiency of financial management in the state institutions of Azerbaijan and other countries.