Core Insights - PowerPlan has appointed Vivek Srivastava as Chief Technology Officer, bringing over 30 years of experience in product innovation and AI capabilities [1][3] - Srivastava's role will focus on accelerating PowerPlan's SaaS product roadmap and enhancing AI capabilities to provide business value for accounting and tax teams [2] - The company is preparing to launch the PowerPlan NXT SaaS platform in 2026, which will integrate its complete portfolio onto next-generation technology [4] Company Developments - The PowerPlan NXT platform builds on the successful PowerPlan Tax Fixed Assets solution, currently used by over 30 leading utilities [4] - The Provision NXT solution, set to launch in December 2025, aims to assist tax teams in closing books faster and with greater confidence [4] - CEO Raphael Shure emphasized the company's ambition and the importance of Srivastava's technical depth and customer-value vision in driving innovation [3] Leadership Background - Prior to joining PowerPlan, Srivastava served as SVP of Product Engineering at OneTrust, where he led modernization initiatives and advanced data and AI capabilities [3] - He has also held senior leadership roles at Manhattan Associates, focusing on the transition from on-premises solutions to SaaS [3] Strategic Vision - Srivastava expressed enthusiasm for enhancing customer value through intelligent automation in the NXT platform, indicating a commitment to building on recent innovations [5] - PowerPlan has over 30 years of experience in helping utility and energy companies make informed financial decisions [5]