OTR Solutions, a leading provider of logistics-focused financial technology and back-office solutions, announced the acquisition of Peruse Technology, Inc., an AI-driven document audit automation company purpose-built for the transportation and logistics industry. The acquisition strengthens OTR Solutions’ intelligent automation and data verification capabilities by adding advanced document classification, audit, fraud detection, and data extraction technology that is redefining how freight and logistics data is validated, interpreted, and operationalized.
Peruse marks OTR Solutions’ third strategic acquisition in the past two years, following the purchase of the carrier payments and back-office broker platform Epay Manager in 2024 and the acquisition of Trucksmarter’s factoring and banking portfolio in 2025. Together, these investments underscore OTR Solutions’ long-term strategy to build a comprehensive, AI-powered financial and operational platform for carriers, brokers, and factors across the logistics ecosystem.
“Peruse has proven to be the most effective and efficient use of AI we’ve seen over the last several years, and its automation capabilities have been a core enabler for many of OTR Solutions’ innovative and differentiated offerings,” said Clayton Griffin, President of OTR Solutions. “Customers across all of our platforms, including carrier, broker, and factor, can expect to rapidly benefit from this market-leading technology. Our rate of innovation will only increase from here.”
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Built specifically for freight and logistics workflows, Peruse addresses complex, real-world document challenges such as signature detection, multilingual handwritten text recognition, and highly nuanced document validation that traditional OCR tools and general-purpose AI models struggle to perform reliably at enterprise scale. The platform’s performance advantage is driven by a layered architecture that combines proprietary AI models, freight-native training data, and logistics-specific validation logic—capabilities that go well beyond applying large language models to standard document processing pipelines.
“Peruse’s capabilities have fundamentally changed how we audit, verify, and classify documents at scale, improving decision speed and strengthening trust across the platform,” said Grace Maher, Chief Operating Officer of OTR Solutions. “We’ve lived the limitations of legacy document solutions and spent years pushing the market forward. Peruse’s technology was built in close partnership with OTR’s teams from the beginning, shaped by real freight workflows and production demands. That story is real, the value is proven, and it’s enabled our human capital to focus on exceptions, judgment, and relationships.”
Within OTR Solutions’ operations, Peruse technology has already delivered measurable business impact, including a 32% reduction in cost per invoice across more than 4 million invoices processed annually. The automation platform has also significantly improved operational performance by increasing no-touch invoice processing rates to more than 70%, enabling operations and customer support teams to deliver faster, higher-value service to clients. OTR Solutions views artificial intelligence as a force multiplier for its people, and the acquisition further supports the company’s ability to strengthen client relationships while accelerating the speed and reliability of its core offerings, including the recent launch of Truly Instant Funding—the industry’s first true 24/7/365 funding experience for carriers.
“Finding better ways to serve our clients while enabling our people to operate at a higher level is core to OTR’s growth strategy,” said Fritz Owens, Chief Executive Officer of OTR Solutions. “With Peruse, we’re integrating the industry’s best document intelligence directly into our platform, allowing us to move faster, operate with greater precision, and scale trust across every solution we offer.”
As part of its product roadmap, OTR Solutions plans to rapidly introduce new AI-based automation solutions while expanding existing capabilities across its platforms—reinforcing the company’s fast-moving, customer-driven approach to innovation in logistics fintech and back-office automation.
Peruse’s document intelligence technology is available today through OTR Solutions’ Truly Instant Funding factoring platform and the AI Document Audit feature within Epay Manager, establishing a new benchmark for how freight documentation is verified and used to enable accurate, trusted, and scalable payments across the transportation and logistics industry.