As Bob said, you can do it in the full version of Wavelab. I use the input plugin all the time when I work. While I’m mastering a track, I load the input plugin and whatever other effects I want to hear into the master section. When I’m ready to print the track, I record the audio (without effects) into an audio montage, and then I drag the effects from the master section into the montage clip fx area, remove the FX from the master section, and the effects are now applied as clip FX - and they remain editable in the future… That song is then done. I repeat the process again for the next song, and so on…