PAPERLESS BUSINESS SYSTEMS TO SHIP EREQUESTER 3.0

Seattle, WA. (April 17, 2003) - Paperless Business Systems, Inc. is preparing for the launch of the 3.0 version of its flagship product eRequester®, a web-based purchase management tool that allows companies to process requisitions and POs from start to finish quickly and efficiently.

Designed for medium-sized businesses that have a distributed requisition process with centralized purchasing, eRequester is an elegant and easy-to-use application that addresses a serious void in the Mid-market for purchasing solutions.

Cost Saving in Tight Times
Good business practices call for efficiency and cost containment, whether times are tight or booming with growth. In today's business climate management of resources has become a critical practice. Business intelligence software can help maximize operational efficiency, streamline processes and provide critical fiscal oversight. eRequester focuses on a the internal purchasing processes and provides organizations with tools to take control of their spending.

"eRequester 3.0 is a big step forward for the mid-market. eRequester streamlines the requisition-to-purchase order process while also providing substantial financial controls and visibility," says Randy Pape, president of Paperless Business Systems, Inc. "We have found that users of eRequester recognize it as a fundamental contributor to improved purchasing and financial forecasting."

Going "Paperless" is Even Easier
With traditional paper-based requisition processes, forms may be misplaced, information is often incomplete, and the approval process can be difficult to manage. Purchasing managers can spend a significant amount of time sending forms back and forth for clarification. Staff members may have a hard time getting the materials they need in order to do their jobs and the entire organization can suffer.

By capturing all requests through eRequester, each member of the requisition and approval sequence has access to the most current information, is able to identify bottlenecks and can respond to requests for additional information. The purchasing managers can identify opportunities for volume discounts at the same time that financial managers have insight into cash flow and commitments helping them to better forecast the financial needs of their organization.

"The total cost of ownership is significantly less than for traditional client-server application suites," says Pape, "installation and upgrades happen at the server level only, freeing up internal IT resources to support other business needs."

Enhanced Interface and Improved Functionality
"One of the most frequent compliments we receive from our customers is how straightforward and simple eRequester is to use," says Ann Donovan, Director of Marketing at Paperless Business Systems. "We're proud to say that with the 3.0 version we've made it even easier to use and maintain."

The 3.0 version of eRequester has many improved features and new functionality, including multi-company support and reusable requisition templates to help streamline repeat purchases. With additional feature modules planned for late 2003, eRequester will continue to improve the value it provides to businesses seeking to streamline their supply chain and improve their spend management. The improved user interface in the 3.0 version provides clear, easy to follow steps for entering requisitions, obtaining approval, accounting review and system administration.

eRequester 3.0 has a release date of April 22, 2003.

eRequester 3.0 can be deployed as a stand-alone application or can be directly integrated to a wide variety of back office systems. Out of the box, eRequester provides standard integration with Best Software's Platinum for Windows, MAS 90, MAS 200 and MAS 500 and Microsoft® Business Solutions Great Plains® and Solomon® financial systems. Support for other mid-market accounting systems are planned in the near future.

More information about eRequester can be found at www.erequester.com or by calling 206.256.0771.

About Paperless Business Systems, Inc.
Paperless Business Systems provides innovative business solutions with expertise in consulting, systems integration, web design and custom application development. Incorporated in 1997, Paperless Business Systems is a value-added reseller and licensed consultant for several business software vendors. Paperless Business Systems is a privately held corporation headquartered in Seattle, Washington. For more information, visit www.paperlessbusiness.com

eRequester is a registered trademark of Paperless Business Systems, Inc. Paperless Business Systems is a trademark, trade name and/or service mark of Paperless Business Systems, Inc. All other trademarks, service marks and trade names mentioned are the property of their respective holders and are acknowledged.

For Additional Information:
Ann Donovan
Director of Marketing
annd@paperlessbusiness.com
206-256-0771

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