Get Started
Template name: white header 1page-template-3.phppage-template-3.php

Pre-funded settlement accounts

WKZ budgets are pre-funded by the subsidy provider via SEPA Credit Transfer into designated settlement accounts operated within Novalnet’s regulated payment infrastructure. Funds remain segregated, controlled, and virtually allocated until payout instructions are issued.

Virtual allocation & references

Using virtual IBANs, virtual references, or sub-ledger logic, WKZ funds can be earmarked by campaign, retailer, agreement, and period or measure, enabling clean reconciliation without operational overhead.

SEPA payout orchestration

WKZ payouts are executed via SEPA Credit Transfer, triggered by batch settlement files, API instructions, and rule-based schedules, supporting single payouts, bulk settlements, and recurring cycles.

Designed for finance, compliance, and audit teams

Complete traceability

Every WKZ payment is linked to its funding source, allocation logic, approval reference, and payout transaction.

Audit-ready reporting

Settlement reports, allocation summaries, and payout files support internal controls, VAT review, and external audits.

Regulated payment infrastructure

Novalnet is a BaFin-licensed payment institute, operating under strict regulatory and operational standards.

Typical WKZ scenarios supported

  • Campaign-based advertising subsidies
  • Performance-linked co-marketing programs
  • Event and trade fair reimbursements
  • POS and in-store promotion funding
  • Multi-retailer, multi-campaign settlement models

Whether WKZ is settled monthly, quarterly, or post-campaign, Novalnet supports the full lifecycle.

How WKZ payments work with Novalnet

Step 1: Fund the WKZ budget

The subsidy provider pre-funds WKZ amounts into a Novalnet settlement account via SEPA Credit Transfer.

Step 2: Allocate funds virtually

Funds are assigned using virtual accounts or references — aligned with agreements, campaigns, or retailers.

Step 3: Validate & approve claims

WKZ claims can be validated against:

  • predefined rules
  • approved measures
  • referenced evidence (documents, links, IDs, hashes)

Novalnet does not need to store the documents themselves — only the references required for auditability.

Step 4: Execute payouts

Approved WKZ amounts are paid out automatically via SEPA Credit Transfer to the beneficiaries.

Step 5: Reconcile & report

Comprehensive reports provide a full trail from funding to payout, ready for finance, audit, and ERP ingestion.

Person working on laptop with payment integration

Integration & automation options

window code icon

SEPA Credit Transfer orchestration

Execute WKZ payouts securely and at scale across Europe.

window code icon

ERP & finance system integration

Export structured data for AP/AR workflows, credit note processing, and SAP or other ERP systems.

window code icon

Batch files & APIs

Submit payout instructions via structured batch files, secure APIs, and scheduled settlement logic.

Frequently Asked Questions

Yes. Novalnet supports the funding, holding, and payout of WKZ amounts via regulated payment flows.

Yes. Novalnet complements existing AP/AR processes by executing the payment layer and providing reconciliation data.

WKZ budgets are typically pre-funded and held in designated settlement accounts until payout instructions are received.

Yes. Bulk and batch-based settlements are fully supported.

More ways we support your business

Segregated funds handling

Clear separation of client funds within regulated structures.

Payment monitoring

Operational controls ensure reliable execution of WKZ settlements.

Compliance-first design

Processes aligned with European regulatory expectations.