30-year history of serving diversified clients the latest in technology innovations land Ecteon on the List
NASHVILLE, Tenn. (May 5, 2020)— Ecteon, the national leader in contract lifecycle management (CLM) software for complex contracting environments, has been named as one of the Top 30 Admired Companies to Watch in 2020 by CIO Bulletin, an interactive information platform and magazine covering business and information technology leaders.
The Top 30 Most Admired list identifies companies with the most innovative approaches in information technology solutions with exceptional leadership in their respective industries. Ecteon’s presence on the shortlist is testament to its 30-year dedication to regularly improving its long-established software, Contraxx, with the latest in technology, based on feedback from its valued customer base.
“Ecteon is committed to continue to innovate with technology that meets the ever-changing functional requirements of CLM software users”, said Richard Eckerstrom, CEO of Ecteon. “As such, we’re proud to be recognized in CIO Bulletin’s selection of admired and trusted companies to watch.”
CIO Bulletin highlighted Ecteon’s standout ability to create industry and company specialized software, detailing the easy-to-use administrative support enhancements included in the 2019 release of Contraxx Version 9.0. The magazine also noted the latest artificial intelligence (AI) functionality released in 2020, Exxtractor, and its ability to assist contract managers in a variety of decision making with business use-cases.
“Our AI feature greatly facilitates a company’s policy adherence and oversight to risk elements during the contracting process,” said Eckerstrom, describing how the module tracks and alerts the negotiating principal of company policy preferred, acceptable and unacceptable contract language.
This accolade is but the latest for Ecteon. In 2019 alone, Ecteon was named a Top 10 Healthcare Compliance Solution Provider by Healthcare Tech Outlook and featured by The Silicon Review as one of the 50 Most Trustworthy Companies of the Year. Furthermore, it was among one of 19 companies featured in the coveted Gartner’s “Market Guide for CLM software” and as a Business-Software.com Top 10 CLM Leader.
Read the full company profile by CIO Bulletin. For more information about Ecteon, its services and commitment to customers, visit Ecteon.com.
About Ecteon, Inc.
Ecteon is a contract management software company based in Nashville, Tennessee. Its premier enterprise contract management (CLM) system, Contraxx, helps companies manage complex contracting requirements. Ecteon offers unique insights that enable customers to effectively and reliably manage their entire contract life cycle, and then go beyond to develop contract processes as competitive advantage. Ecteon is a 100% employee-owned, private U.S. corporation. Ecteon has long-term, stable partnerships with referenceable customers across a wide range of vertical markets and industries such as media and entertainment, retail, energy, banking, insurance, and health care. Some of its recognizable clients include Blue Shield of California, Dick’s Sporting Goods, World Wrestling Entertainment (WWE), University of Pittsburgh, Universal Music and Kaiser Permanente. For more information, visit www.ecteon.com or follow them on LinkedIn.