--- title: "ARPA Funds: The Key to Advancing Your Tech Stack" description: ARPA funds can be the key to advancing the use of automation for secure vendor onboarding. The key is the lost revenue bucket. image: https://blog.paymentworks.com/hubfs/Logos/PaymentWorks-Logo-Black%20Icon.jpg --- [![PaymentWorks](https://blog.paymentworks.com/hubfs/PaymentWorks_February2020/images/logo.svg)](https://www.paymentworks.com/) - How it Works - - [Overview](https://www.paymentworks.com/how-it-works) - [Why it Matters](https://www.paymentworks.com/why-it-matters) - - For Payers - See how they do it at: - [University of Kentucky](https://www.paymentworks.com/case-studies/kentucky/) - [Hackensack Meridian](https://www.paymentworks.com/case-studies/hackensack-meridian/) - [Johns Hopkins](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) - For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) - About - - [About Us](https://www.paymentworks.com/about-us/paymentworks/) - [Our Partners](https://www.paymentworks.com/about-us/partners/) - [Work Here](https://www.paymentworks.com/about-us/work-here/) - [Blog](https://blog.paymentworks.com/) - [Press](https://news.paymentworks.com/press) - [Refer A Lead](https://share.hsforms.com/1NZzs6_82R52Z5GNpdHp4tA49idv) - Contact - - - - - Sales - [info@paymentworks.com](mailto:info@paymentworks.com) - - Support - [support@paymentworks.com](mailto:support@paymentworks.com) - - - Press - [press@paymentworks.com](mailto:press@paymentworks.com) - - HQ - [info@paymentworks.com](mailto:info@paymentworks.com) - 51 Sawyer Road Suite 310 Waltham, MA 02453 - [Sign In](https://www.paymentworks.com/accounts/login/) [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) - [Sign In](https://www.paymentworks.com/accounts/login/) - [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) ![banner-image](https://blog.paymentworks.com/hubfs/PaymentWorks_March2020_Blair/images/paymentworks-hubspot-banner_v2-04.png) ## PaymentWorks Blog # ARPA Funds: The Key to Advancing Your Tech Stack Posted by [Angela Sarno](https://blog.paymentworks.com/author/angela-sarno) on Jan 26, 2022, 10:15:00 AM - [Tweet](https://twitter.com/share) At PaymentWorks, we are passionate about secure vendor onboarding as the lynchpin of secure payments.  When nearly [three quarters of organizations have actual or attempted payments fraud scams](https://blog.paymentworks.com/fraudsters-are-targeting-ap-and-treasury.-are-you-next)aimed at them, we know that finding ways to gain peace of mind when it comes to avoiding these scams is keeping a lot of you up at night.   In the summer of 2021, while attending the [Government Finance Officers Association](https://www.gfoa.org/) of Arkansas meeting (in awesome [Eureka Springs](https://www.eurekasprings.org/), check it out if you can!), the general counsel of the [Arkansas Municipal League](https://www.arml.org/arpa), John Wilkerson, gave a primer on acceptable expenditures for the American Rescue Plan Act Funds.  And when he got to ‘Lost Revenue’ funds he mentioned cybersecurity. Forgive the bad humor, but while in Eureka I thought 'EUREKA!" This “once in a lifetime funding source” is the opportunity so many cities, towns, colleges, universities, counties and states have been pining for: the opportunity to advance their organizational use of technology to create efficiency, ensure compliance and yes, to secure their vendor payments! I was excited when John Wilkerson graciously allowed me to interview him for our [Risky Business podcast.](https://podcasts.apple.com/us/podcast/paymentworks-presents-risky-business/id1580993090?i=1000537620022) Even more graciously, he then spent additional time researching the different rules for higher ed vs. government usage of the funds, and shared his knowledge during a webinar we co-hosted with [E&I Cooperative](https://www.eandi.org/contracts/paymentworks/). He walked our customers through all of the acceptable uses, how to calculate lost revenue, what to know about uniform guidance, and how ‘to stretch the rubber band’ to get those funds to work for you, and to move your organization forward. Listen to a short clip on the usage of "Lost Revenue" funds. If your institution or government has ARPA funds to spend, take 40 minutes to listen to John give this tutorial and you will be ready to make the case for technology investments related to your vendor onboarding, vendor management and vendor payments. (Or all three in one, like PaymentWorks. 😁)   [![Free ARPA Funds Usage Webinar](https://no-cache.hubspot.com/cta/default/7162195/505e81ef-1cca-47de-bdc9-d3276cb6a840.png)](https://cta-redirect.hubspot.com/cta/redirect/7162195/505e81ef-1cca-47de-bdc9-d3276cb6a840)     Topics: [payments fraud](https://blog.paymentworks.com/tag/payments-fraud), [vendor master](https://blog.paymentworks.com/tag/vendor-master), [risk](https://blog.paymentworks.com/tag/risk), [Cyber Security](https://blog.paymentworks.com/tag/cyber-security), [business payments](https://blog.paymentworks.com/tag/business-payments) ### ![PaymentWorks-Logo-Black_600tall](https://blog.paymentworks.com/hs-fs/hubfs/Branding/Logos/PaymentWorks-Logo-Black_600tall.jpg?width=324&name=PaymentWorks-Logo-Black_600tall.jpg) The Business Identity Platform that automates complex payee management processes to: - **Eliminate** the risk of business payments fraud   - **Reduce** cost - **Ensure** compliance ### Sign up to be alerted when we publish interesting things ### Recent Posts ### Posts by Tag - [payments fraud (28)](https://blog.paymentworks.com/tag/payments-fraud) - [risk (25)](https://blog.paymentworks.com/tag/risk) - [vendor master (19)](https://blog.paymentworks.com/tag/vendor-master) - [insurance (13)](https://blog.paymentworks.com/tag/insurance) - [ACH (12)](https://blog.paymentworks.com/tag/ach) - [AP (12)](https://blog.paymentworks.com/tag/ap) - [compliance (12)](https://blog.paymentworks.com/tag/compliance) - [podcast (8)](https://blog.paymentworks.com/tag/podcast) - [procurement (6)](https://blog.paymentworks.com/tag/procurement) - [social engineering fraud (6)](https://blog.paymentworks.com/tag/social-engineering-fraud) - [business payments (5)](https://blog.paymentworks.com/tag/business-payments) - [higher education (5)](https://blog.paymentworks.com/tag/higher-education) - [Cyber Security (3)](https://blog.paymentworks.com/tag/cyber-security) - [banks (2)](https://blog.paymentworks.com/tag/banks) - [identity (2)](https://blog.paymentworks.com/tag/identity) - [supply chain (2)](https://blog.paymentworks.com/tag/supply-chain) - [tips from the frontlines (2)](https://blog.paymentworks.com/tag/tips-from-the-frontlines) - [#paymentsfraud (1)](https://blog.paymentworks.com/tag/paymentsfraud) - [Insider (1)](https://blog.paymentworks.com/tag/insider) - [vendor management (1)](https://blog.paymentworks.com/tag/vendor-management) See all #### How it Works [Overview](https://www.paymentworks.com/how-it-works) [Why it Matters](https://www.paymentworks.com/why-it-matters) #### For Payers - See how they do it at: [*Hackensack Meridian*](https://www.paymentworks.com/case-studies/hackensack-meridian/) [*University of Kentucky*](https://www.paymentworks.com/case-studies/kentucky/) [*Johns Hopkins Enterprises*](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) #### For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) #### About [About Us](https://www.paymentworks.com/about-us/paymentworks/) [Our Partners](https://www.paymentworks.com/about-us/partners/) [Work Here](https://www.paymentworks.com/about-us/work-here/) [Press](https://news.paymentworks.com/press) #### Contact Us - Sales [info@paymentworks.com](mailto:info@paymentworks.com) - Support [support@paymentworks.com](mailto:support@paymentworks.com) - Press [press@paymentworks.com](mailto:press@paymentworks.com) - HQ [info@paymentworks.com](mailto:info@paymentworks.com) ##### 51 Sawyer Road Suite 310 Waltham, MA 02453 © 2014 - 2021 PaymentWorks, Inc. [Privacy Policy](https://www.paymentworks.com/accounts/privacy-policy) [Terms of Service](https://www.paymentworks.com/accounts/user-agreement) ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://7162195.fs1.hubspotusercontent-na1.net/hubfs/7162195/Video%20Clips/PaymentWorks%20ARPA%20Lost%20Revenue.mp4", "dateModified" : "2022-02-23T15:35:37.319Z", "description" : "", "duration" : "PT40S", "height" : 1440, "name" : "PaymentWorks ARPA Lost Revenue", "thumbnailUrl" : "https://api-na1.hubapi.com/filemanager/api/v3/files/thumbnail-redirect/63054271041?portalId=7162195&size=medium&t=1645630838035", "uploadDate" : "2022-01-03T14:31:05.266Z", "width" : 2560 } ```