versaworks will allow you to cut the boundary of any image without having to create the line in a design package.
for individual jobs to be cut then in the job properties select CUT CONTROLS and tick the box that says CUT IMAGE BOUNDARY.
for all future jobs that are going in that queue to be automatically assigned this, then go into EDIT-QUEUE A/B PROPERTIES-CUT CONTROLS
and tick the box there.
the eps margin that i think chris mentioned is to do with the issue that design softwares sometimes crop the file too close on export, so when print/cut maybe only 3 out off 4 lines on a square will be cut.
eps margin adds extra space around the edge of the boundary to allow the cutline to be encased and then cut.
if you wanted extra space around your images, say a 10mm border of white then cut. this can be done by applying a MARGIN MARK in the cropmark tab at the desired size.
this when bundled with the CUT IMAGE BOUNDARY gives a white bordered image.
please note that CUT IMAGE BOUNDARY will only do as it says, the perimeter.
hope this is of some help.