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Labor Ready Selects Captura to Streamline Corporate Expense Reporting; Web-based Expense Management to Complement Labor Ready's New Internet Business Strategy.

Business Editors, High-Tech Writers

BOTHELL, Wash.--(BUSINESS WIRE)--June 28, 2000

Captura(R), a leading provider of Web-based expense management software, today announced that Labor Ready, the nation's leading provider of temporary manual labor to the light industrial and small business markets, will implement Captura Expense(TM) to manage corporate expenses and improve financial analysis of these expenses via the Web.

Labor Ready, which recently launched a redesigned Web site to help customers set up an account, create quotes and reports, order workers, download invoices, and utilize cost savings analysis tools, will implement Captura Expense to help streamline the expense reporting and reimbursement process via the Web.

"Having recently launched our new intranet to help automate business functions for our global network of customers -- which is a first in our industry -- the Captura Expense Management System will serve as the perfect complement to our Internet business strategy," said Mike Campagna, director of accounts payable at Labor Ready. "In addition to taking reimbursement time from weeks down to just a few days, what really set Captura apart from others is the ability of our staff to access all of our critical data, not just truncated pieces of information. We were also impressed with the system's ability to link information from the back end directly to our ACH payment files."

"We are pleased that Labor Ready selected Captura Expense as part of their core Web-based business functions," said Dan Vetras, president and CEO of Captura. "Offering their customers a site where they can complete the whole business process will not only save valuable time in the expense reimbursement process but will also help reduce overall operating costs."

Captura Expense is a Web-based application service that automates expense processing for large multinational corporations. It automatically receives credit card transactions for travel and entertainment, procurement, fleet and telephony expenditures from all leading credit card vendors, pre-populates an online expense report for the cardholder and automates the approval process. Captura Expense integrates to major accounting software solutions and seamlessly downloads expense data to the company's general and accounts payable ledgers. By providing timely, accurate expense information, Captura Expense enables companies to gather better data and make better financial decisions.

About Captura

Captura, headquartered in Bothell, Wash., delivers Web-based total expense management application services tailored to meet the broad needs of companies worldwide. Captura's hosted e-Finance Solution(TM) allows companies to automate all facets of expense management using Web-enabled technology while capturing detailed transactional data that can help them make sound, timely business decisions.

Captura has offices in Atlanta, GA; Boston, MA; Chicago, IL; Dallas, TX; Los Angeles, CA; New York, NY; Portland, OR; San Francisco, CA; Seattle, WA; St. Louis, MO; and Wayne, NJ. Captura's European headquarters are in London, UK, with an additional European office in Paris, France and an office in Sydney Australia. Customers include adidas-America, CGU, Ford Motor Co., General Motors, Hercules, Inc., Merrill Lynch & Co., and Reckitt Benckiser. For more information about Captura and its products, in the U.S. call 425/424-1000; in Europe call +44 1628 519 000 (U.K.) or +33 153 53 67 15 (France); or visit the company's Web site at

About Labor Ready

Labor Ready, Inc. (NYSE:LRW), based in Tacoma, Wash., is the nation's leading provider of dependable temporary manual labor to the light industrial and small business markets. Labor Ready operates 834 offices in 49 states, Canada, Puerto Rico and the United Kingdom.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 28, 2000
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