Product Innovation is Driver of Ecteon’s Latest Recognition: Named to The Silicon Review's Top 50 Innovative Companies to Watch

Consistent, Inventive Updates to CLM Software Powers Ecteon’s Success. End Quote

Nashville, TN (1888PressRelease) December 22, 2020 - Ecteon (www.ecteon.com), a national leader in contract lifecycle management (CLM) software for complex contracting environments, announced today that it has been recognized as one of the Top 50 Innovative Companies to Watch in 2020 by The Silicon Review Magazine, an online and print community for business and technology professionals.

The Top 50 Most Innovative Companies actively provide groundbreaking technologies in business and technology. Ecteon’s imaginative, problem-solving approach to contract lifecycle management software earned the company a spot on the coveted list.

Contraxx™, Ecteon’s enterprise-wide contract management software solution, simplifies the time-consuming and expensive process of managing all stages of contracts while automating changing regulations, reducing operating costs, and mitigating financial and contract risk.

When Ecteon’s own patented artificial intelligence software, Exxtractor-AI™ and another recently launched new enterprise integration module, Connect-API™ are combined with Contraxx, this complete software platform further reduces the complexity of managing contracts across multiple enterprise boundaries and greatly enhances the entire organizational value of the resulting contract management software solution. With the innovation of both modules Exxtractor-AI and Connect-API and Contraxx, Ecteon powerfully raises the industry bar for delivering time and cost efficiencies along with reducing contracting risks.

“We are proud to be recognized as a Top 50 Innovative Company to Watch by The Silicon Review,” said Richard Eckerstrom, CEO of Ecteon. “Ecteon’s software has always evolved with our customer’s changing needs and we will continue to innovate our technology to support CLM software users.”

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