March 31, 2008 – Beaverton, Oregon – Axium ( www.axiumae.com). Axium, a leading provider of accounting and project management software, announced the expansion of the PORTFOLIO software capabilities with a new Business Development (BD) component. BD is completely integrated with PORTFOLIO and provides a centralized, real-time database with access to the information needed to plan and manage potential new business. It allows easy tracking of opportunities through the various stages and provides visibility to a firm’s opportunity pipeline to forecast future revenues as well as project workloads and resource schedules.

“Business Development represents Axium’s continued reach into different functional areas of A/E firms. We first reached far outside the accounting office with PORTFOLIO, extending into the realm of project and resource management. Now with BD, we extend our reach further, bringing marketing and business development staff into the fold,” said Andrew Boone, Axium Product Marketing Manager.

BD is accessed directly from the Project Command Center within PORTFOLIO. This seamless integration eliminates barriers to entry and provides easy firm-wide adoption of the advance functionality. BD’s functionality allows for easy distribution of responsibilities through task management and also promotes accountability with assignments recorded directly to the project record. As tasks and activities are completed they build a rich historical record of contact allowing firms to build better relationships when working to secure new business. Further, PORTFOLIO’s BD component tracks a firm’s win/loss rate to determine the effectiveness of securing new business. The performance can be monitored in multiple ways including by market, department and project manager. The vast information that can be garnered from BD in conjunction with its flexibility, customization and ease-of-use allows for the integration of project managers and principals into business development and marketing efforts.

“Axium has developed a comprehensive software solution for A/E firms who want to effectively manage their projects, resources and business development efforts,” said Ilene Ingram, Axium Vice President of Research and Development. “With the release of BD, firms will continue to receive the consistent performance and ease-of-use of PORTFOLIO yet also be able to track, manage and react quickly to new business opportunities. This translates to greater efficiencies and long-term growth and success for the firm."

PORTFOLIO Business Development is an integrated software solution that merges business development, accounting and project management, allowing firms to streamline processes firm-wide. It provides firms the ability to capture and properly track the action items involved with BD efforts for historical analysis which will assist in future contacts and actions. The seamless integration of managing BD efforts as part of a total project record gives firms visibility into the true profitability of projects and how best to allocate efforts and funds for future opportunities.

About Axium
At Axium, our number one priority is our clients’ success. We are dedicated to developing innovative accounting and project management software for the architectural and engineering (A/E) industry and to providing exceptional service in every way. Our more than 20 years of experience in the A/E industry allows us to provide comprehensive, integrated solutions to manage your firm the same way you handle business — project by project. Axium moves beyond generic accounting products to provide a range of accounting and project management solutions to improve productivity, increase profitability, and empower your firm’s success.