Clear answers about how Stevera works.

Stevera is the financial operating system for institutional athletics — a single, configurable platform universities use to manage athlete profiles, contracts, approvals, payment schedules, revenue-share operations, reporting, and audit-ready records.

Universities are Stevera's primary customer. Conferences may purchase a separate, limited governance and readiness product. Stevera is not sold directly to athletes, authorized representatives, or payment providers.

Inside a purchasing institution, Stevera is used by university leadership, athletic department leadership, general managers, finance and business-office staff, treasury and payment administrators, compliance, and legal — and by the athletes using the institution's deployment.

No. Stevera is not a bank and does not custody, store, or control athlete funds. It does not replace a university's or an athlete's existing banking relationships.

When Stevera Integrated Payments is activated, university-approved payment schedules connect to payment execution, status, exception handling, and reconciliation through regulated payment infrastructure integrated into the platform. Approved funds arrive in the athlete's designated receiving account.

The university retains its existing banking relationships and payment authority, while Stevera maintains the institutional workflow and record around the payment.

Both deployment paths are available. Universities can launch with the Core Financial OS and Stevera Integrated Payments from day one, or begin with Core and activate payments later. Core Stevera OS supports planning, approvals, schedules, institutional records, bank-file/external execution workflows, and external execution status tracking while the institution continues its current payment process.

Integrated Payments adds connected execution, provider acknowledgements/status, failed/returned-payment handling, settlement visibility, and tighter end-to-end reconciliation.

Stevera is designed to become the operating system for athlete-finance workflows, not replace the university's bank or hold its funds. Schools may adopt the platform in phases.

With Integrated Payments, Stevera coordinates the approved payment workflow through integrated third-party regulated payment infrastructure and manages payment status, exceptions, reconciliation, and reporting. Without it, the institution continues its current execution process and records the resulting status in Stevera.

The university does. Stevera proposes and documents a schedule; it does not independently approve, authorize, or send payments.

Identity and roster status, contracts and amendments, the payment schedule and payment history tied to those contracts, remaining revenue-share commitment, required documents, and tax records.

Universities can upload institution-approved agreement templates prepared or reviewed through their legal and administrative process. Those templates may be reused for athlete-specific agreements by updating authorized fields such as athlete information, compensation, payment dates, installment schedules, payout terms, agreement term, and other institution-approved variables.

AI-assisted workflows may help populate approved fields for university review. Stevera does not independently approve the agreement or replace the university's legal and administrative review.

Contracts remain structured, versioned institutional records. Amendments stay connected to the original agreement, preserve prior versions, document changed terms and approvals, and update the related payment schedule when required.

Once an agreement's payment terms are verified by the university, Stevera can convert them into a schedule linked to the contract, approvals, payment status, reconciliation, reporting, and audit history.

Contract Intelligence is optional. Universities may use their own legal process and manually enter approved obligations and schedules, then execute them through Stevera Integrated Payments.

With Integrated Payments, Stevera tracks provider acknowledgement, delivery/settlement status, failed or returned payments, reconciliation status, and the resulting institutional record — so an approved schedule can be matched against what was actually paid. A phased deployment's external execution status is recorded in the same institutional record.

Stevera records the failed or returned payment status, surfaces the exception for authorized university review, and keeps the original payment instruction, reason, corrective action, and any replacement payment connected to the institutional record.

The university determines whether the payment should be corrected, resubmitted, cancelled, or otherwise resolved.

Stevera travel per diem is a university-controlled workflow for creating, approving, scheduling, distributing, and reconciling team travel payments from the active roster. Live distribution is completed through Stevera Integrated Payments.

University staff select the sport, travel event, eligible athletes, approved amount, and distribution date. The batch follows the university's approval workflow, then Stevera connects the approved payment to integrated third-party regulated payment infrastructure for delivery to each athlete's existing designated receiving account, with the result tracked back to the record.

A university can prepare the roster, amounts, dates, and approvals before Integrated Payments is activated, but live distribution through Stevera requires Integrated Payments to be connected and verified for the institution.

No. Travel per diem is university-controlled financial data and is not part of a conference's standard Governance and Readiness visibility.

Yes. Stevera OS supports travel per diem workflows, including institutional setup, approval, athlete visibility, payment status, and reporting. Where Stevera Integrated Payments is used, live funds movement depends on the institution's production payment connection being configured and verified.

Stevera uses verified, reconciled revenue-share payment records to prepare 1099-NEC documents for university review and athlete access. University finance and tax teams retain responsibility for payer identity, classification, approval, filing, and final tax treatment.

No. Stevera organizes documentation, approvals, and evidence to support an institution's own compliance judgment. It does not determine, certify, or guarantee compliance.

Athletes see their agreements, required actions, upcoming and historical payments, revenue-share totals, travel per diem status, and tax documents.

No to both. It is not a wallet and does not custody funds — it shows payment activity recorded in Stevera, and approved payments arrive in the athlete's designated receiving account.

Athletes are not required to open a new account. They designate the receiving account approved payments should arrive in.

Institution-approved tax documents, including 1099-NEC records, become available directly in the athlete application once the university has generated and approved them.

A separate, limited workspace conferences use to distribute policy, coordinate training, and track institutional acknowledgements, deadlines, and readiness — distinct from a university's own Stevera OS.

Policy acknowledgement status, training completion, required deadline completion, institution contacts, limited readiness status, conference-specific attestations, and approved aggregate reports.

Conference access does not extend to athlete compensation amounts, revenue-share contracts, payment amounts or schedules, 1099 documents, university financial analytics, internal roster strategy, negotiations, legal notes, bank information, or full athlete profiles.

A conference relationship never gives the conference automatic access to a member university's Stevera OS. Any additional sharing is purpose-specific, contractually authorized, and logged.

Contact Stevera to request a walkthrough of policy distribution, acknowledgement tracking, training, and readiness reporting, and to discuss deployment for your conference.

Not currently. Stevera organizes, prepares, preserves, and tracks the institution's own record — documentation, evidence, approvals, and status. The external system, such as the College Sports Commission's CAPS reporting environment, remains the authoritative destination.

Direct submission or integration exists only where explicitly supported for a given system; Stevera does not claim an integration it has not built, and does not replace the institution's own reporting obligations.

No. Stevera does not guarantee compliance approval, clearance, or certification from any conference, the College Sports Commission, or any other governing body.

No. Nothing on this site or in the platform constitutes legal, tax, accounting, or regulatory advice. Institutions and athletes should consult their own qualified professionals.

A walkthrough of the operating model, the university experience, the athlete-facing experience, evidence and audit workflows, and Integrated Payments options, followed by a discussion of institutional priorities and scope.

No. Stevera OS is the financial operating system for institutional athletics — agreements, revenue share, payment operations, travel per diem, reconciliation, reporting, and audit. Personal banking, savings, credit, lending, insurance, and investing products are a separate, future direction and are not part of the current Stevera OS launch product.

Most institutions start with a demonstration. From there, we discuss institutional priorities and deployment scope with athletics, compliance, finance, and legal.