OTR Solutions, a logistics-focused financial technology and back-office solutions provider, announced it has acquired Peruse Technology, an AI-powered document audit automation platform built specifically for the transportation and logistics industry.
The acquisition marks OTR Solutions’ third transaction in the past two years, following its purchase of EpayManager in 2024 and Trucksmarter’s factoring and banking portfolio in 2025. With the addition of Peruse, OTR Solutions is further expanding its AI-driven capabilities across document classification, audit, fraud detection, and data extraction, aiming to set a new benchmark for how logistics data is verified and utilized.
Peruse was designed for freight-specific use cases, including signature detection, multilingual handwritten text recognition, and complex document verification scenarios that traditional OCR systems and general-purpose language models often struggle to manage at scale. The platform combines proprietary models, freight-native training data, and domain-specific validation logic tailored to the operational realities of transportation workflows.
For OTR Solutions, the technology has already delivered measurable operational gains. The company reports a 32% reduction in cost per invoice across more than 4 million invoices annually. It has also increased no-touch invoice processing rates to more than 70%, allowing internal teams to focus more on exceptions, judgment-driven decisions, and customer relationships.
The acquisition supports OTR Solutions’ broader AI strategy, which centers on enhancing human performance while accelerating service delivery. The company recently launched Truly Instant Funding, described as the first fully 24/7/365 funding experience for carriers, reflecting its push toward real-time, always-on financial services.
Peruse’s document intelligence capabilities are currently integrated into OTR’s Truly Instant Funding factoring platform and EpayManager’s AI Document Audit feature. OTR Solutions plans to roll out additional AI-based automation tools and feature enhancements in the near term as it continues to scale its platform.
Eversheds Sutherland LLP served as legal advisor to OTR Solutions. Blend Marketing acted as sell-side financial advisor, and Lathrop GPM served as sell-side legal advisor.
Founded in 2011 and headquartered in Roswell, Georgia, OTR Solutions provides freight factoring, cash flow management, back-office support, and transportation technology solutions to U.S.-based carriers and brokerages. The company employs more than 350 people.
KEY QUOTES
“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. 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.”
Clayton Griffin, President of OTR Solutions
“Peruse’s capabilities have fundamentally changed how we audit, verify, and classify documents at scale, improving decision speed and strengthening trust across the platform. 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.”
Grace Maher, Chief Operating Officer of OTR Solutions
“Finding better ways to serve our clients while enabling our people to operate at a higher level is core to OTR’s growth strategy. 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.”
Fritz Owens, Chief Executive Officer of OTR Solutions
