PayIt Hires Accela Vet Tom Nieto as President and COO

PayIt, which sells tax processing, licensing, revenue collection and other software, has hired Accela veteran Tom Nieto as president and chief operating officer. He joins the Missouri-based firm as it considers a second acquisition and uses a $90 million funding round to keep growing.

Nieto reports to PayIt founder and CEO John Thomson.

Nieto takes over part of the load from Mike Plunkett, the co-founder who was previously COO and who now becomes chief development officer. In that job, Plunkett will coach employees and deal with client relationships and corporate development.