alseda PreVOP – The pre-verification solution for SEPA VOP
Before making a payment, check that the account holder’s details and the IBAN are correct.Version: 1.0
Updated on 25. Jun 2026 by alseda GmbH
Version: 1.0
alseda PreVOP verifies supplier bank details and the IBAN of your payees before a payment is made. The SAP-integrated Pre-Verification of Payee (VoP) prevents wrong supplier payments, invoice fraud and manipulated bank account data – and validates vendor master data in real time.
alseda PreVOP – Pre-Verification of Payee is a software solution from alseda Consulting that lets companies verify supplier bank details and prevent wrong supplier payments before a payment is created or released. While the Verification of Payee (VoP) – mandatory for SEPA credit transfers since October 2025 – usually only takes effect at the end of the payment process via the house bank, alseda PreVOP starts much earlier: the IBAN name check (matching IBAN and account holder name) runs as soon as a bank account is created or changed, and again before every payment run. This makes it possible to catch incorrect bank details, an invoice with a wrong IBAN, unclear payee data and fraud attempts early – instead of discovering them through costly returned payments.
In supplier management, bank account data is the most sensitive and most fraud-prone part of vendor master data. alseda PreVOP adds exactly this security layer to existing supplier portals, ERP and SRM systems: it systematically validates and cleans supplier bank accounts, protects against Business Email Compromise (BEC), payment diversion, CEO fraud and manipulated supplier bank details, and helps prevent invoice and accounts payable fraud while keeping every supplier payment auditable.
The solution is designed for companies with complex payment processes, high payment volumes and integrated ERP, treasury and SAP landscapes. As a leading partner for SAP and SAP Fioneer, alseda Consulting integrates IBAN verification for suppliers fully into the SAP standard and connects it to non-SAP systems via existing API interfaces. alseda PreVOP supports both SEPA credit transfers and instant payments and relieves accounting, accounts payable and treasury operationally. Companies can not only check account information case by case via a real-time IBAN name check, but also validate and clean existing master data on a recurring basis. Every check returns a clear result – Match, Close Match, No Match or “check not possible” – so payments can be verified before execution.
Companies that opt out of the bank-side VoP need their own upstream control. This is exactly where Pre-Verification of Payee comes in, turning a regulatory obligation into a real process advantage: errors and manipulation become visible at the start of the payment process rather than after the fact – automated, traceable and based on the four-eyes principle.
alseda PreVOP is designed for companies and organizations with high payment volumes and complex payment processes – especially those running ERP, treasury and SAP landscapes. It is aimed in particular at treasury, finance, accounts payable, compliance and SAP/IT teams, as well as shared service centers, payment factories and in-house banks.
Typical industries include banks, insurers, the public sector, manufacturing and service providers. In short: anyone who wants to secure supplier bank details, avoid wrong payments and prevent payment fraud before a payment is executed.
On request
