Product Innovation Prompts The Silicon Review to Name Ecteon a Top 50 Innovative Company to Watch

NASHVILLE, Tenn. - Dec. 21, 2020 - PRLog -- Ecteon (www.ecteon.com), a national leader in contract lifecycle management (CLM) software for complex contracting environments, announced 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."

About Ecteon, Inc.

Ecteon is a contract management software company based in Nashville, Tennessee. Its premier enterprise content management (ECM) 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. 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 most recognizable clients include Blue Shield of California, Dick's Sporting Goods, World Wrestling Entertainment (WWE), Universal Music, Meredith Entertainment, and Kaiser Permanente. For more information, visit www.ecteon.com or follow them on LinkedIn (https://www.linkedin.com/company/ecteon-inc./).