Trapping & Underbasing

As it stands now, the process of creating an underbase for certain colors can be tedious using the method that ive been shown by our lead artist.   I was fishing around the print seperations options and noticed trapping settings...   anyone have any input on how those options are utilized for creating traps on text and underbases,, and links to tutorials.vid's etc would greatly appreciated...

My ultiamte goal would be to design an image consisting of text and vector images.. go to print seperation options... and one click an option to set up my underbase and/or trap for text... help?