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Solutions that Support Strategic Contracting Initiatives – CIOReview Magazine

Ecteon was recently listed as one of the Top Procurement Solution Providers of 2016 from CIOReview magazine. Below is an exclusive interview with Ecteon CEO Richard Eckerstrom, who explains who the company’s feature-rich contract management solution Contraxx, has pioneered the industry and helped many enterprise businesses get their contract management workflows streamlined and operations successful.

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News: Ecteon Listed as “Most Promising Procurement Solution Provider of 2016” from CIOReview Magazine

Ecteon announced today that it has been recognized as one of the top 20 Procurement Solution Providers of 2016 by CIOReview.

“It’s a great honor to select ECTEON as one among the 20 companies that are featured in the Procurement special edition,”said Jeevan George, Managing Editor of CIOReview. A distinguished panel comprising of CEO’s, CIO’s, IT-VP’s including CIOReview editorial board finalized the “20 Most Promising Procurement Solution Providers 2016” and shortlisted the best vendors and consultants in the Procurement arena.

Ecteon provides a full range of contract management software services. The company has extensive expertise and knowledge across multiple industries and offer consulting services to help clients optimize their contract management systems. Contraxx—enterprise contract management software lets organizations monitor these details throughout the contract life cycle, ensuring vendor compliance and increasing profitability.

Contraxx shortens the procurement cycle by automating contract review, using standard language and terms, streamlining approval processes and using alerts and notifications to ensure renewals and other date-sensitive milestones are addressed.

About Ecteon

Founded in 1986, Ecteon provides business process planning, implementation, training and support. With over 30 years of experience in the business, Ecteon has developed extensive expertise and knowledge across multiple industries and also provides consulting services to help optimize contract management system. For more info, visit:

About CIOReview

Published from Fremont, California, CIOReview is a print magazine that explores and understands the plethora of ways adopted by firms to execute the smooth functioning of their businesses. The magazine acts as an excellent platform for all the enterprise leaders and IT experts to share their experience and knowledge about software technologies and solutions that can redefine the business goals of enterprises tomorrow. For more info, visit:

What to Look for in a Modern Contract Management System

Your contract management system (CMS) is the beating heart of your business, capturing your relationship with customers, suppliers, employees, projects, assets, and liabilities, but your system should be more than an expensive electronic filing cabinet. Without a modern CMS, you are missing out on opportunities for efficiency, shorter cycle times, partnership-based operating procedures, and growth. While the contract lifecycle hasn’t changed that much over the years, how people create, implement, and manage the full lifecycle of contracts has drastically shifted—prompting software to advance with the ever-demanding business times.

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Article first appeared in Modern Contractor Solutions magazine August 2016. Byline contribution by Richard Eckerstrom, CEO of Ecteon.

Ecteon Healthcare Contract Management Systems

Ecteon knows healthcare and has uniquely implemented contract software solutions especially tailored for healthcare organizations, from single hospitals to regional medical groups to leading national healthcare networks. Our focused solutions have also been tailored and implemented for pharmaceutical companies, national medical testing laboratories, medical specialist care providers, providers of technical services to the healthcare community, and leading health insurers.

Read more about our experience helping healthcare companies with their contract management needs here: Ecteon Healthcare Contract Management Systems