OTR Solutions acquires Peruse Technology

OTR Solutions, a financial technology firm specializing in logistics, has acquired Peruse Technology, a provider of AI-powered document automation tailored for the transportation and logistics sector. Although financial terms were not disclosed, the acquisition underscores OTR Solutions' commitment to augmenting its capabilities in document management and fraud prevention.

This acquisition is part of OTR Solutions' strategic expansion in the logistics fintech space, marking its third such move in the past two years, following its acquisitions of EpayManager in 2024 and Trucksmarter's factoring and banking portfolio in 2025. Peruse's platform enhances document classification, auditing, fraud detection, and data extraction by utilizing proprietary AI models and domain-specific logic designed explicitly for complex freight documentation. Such capabilities have demonstrated operational efficiencies, reducing OTR’s invoice processing costs by 32% and increasing automated invoice processing rates to over 70% across more than four million invoices annually.

Integrating Peruse Technology bolsters OTR Solutions' broader AI strategy, which aims to improve service delivery and human performance at scale. Notably, the integration of Peruse's capabilities into OTR's existing platforms, such as the Truly Instant Funding service—which offers round-the-clock funding options—and EpayManager’s AI Document Audit, signals a shift towards more automated and real-time financial services in the logistics industry.

The acquisition facilitates OTR Solutions' continued innovation and competitiveness in an industry increasingly focused on technological advancement. By enhancing document intelligence and operational processes, OTR Solutions positions itself as a leader in using AI to navigate the complexities of logistics data management, improving both speed and trust within its transactional platforms.

Looking ahead, OTR Solutions intends to deploy further AI-based automation tools and introduce additional enhancements to its offerings, maintaining its trajectory of technological leadership and growth in the logistics sector. As the company scales its platform, the market will be watching how effectively these integrations enhance efficiency and data processing within OTR's suite of services.