OTR Solutions Acquires AI Tech to Boost Document Automation

Acquisition of Peruse Technology aims to advance fraud prevention and data extraction in transportation and logistics

Published on Feb. 11, 2026

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OTR Solutions, a leader in logistics-focused financial technology, has acquired Peruse Technology, an AI-powered document automation platform built specifically for the transportation and logistics industry. The acquisition is expected to enhance OTR's document classification, audit, fraud detection, and data extraction capabilities, enabling faster decisions, improved accuracy, and trusted operations at scale.

Why it matters

The integration of Peruse's advanced document intelligence technology into OTR's platforms is expected to drive significant operational efficiencies and cost savings, while also strengthening trust and transparency across the transportation and logistics ecosystem. As the industry continues to digitize, the ability to reliably process and verify critical freight data will be a key competitive advantage.

The details

Peruse's AI-powered platform is designed to handle complex freight-specific use cases, such as signature detection, multilingual handwritten text recognition, and nuanced document verification - capabilities that generic OCR and language models often struggle with. The technology has already enabled OTR to achieve a 32% reduction in cost per invoice across more than 4 million invoices annually, as well as a significant increase in no-touch invoice processing rates.

  • OTR Solutions acquired Peruse Technology in February 2026.
  • OTR Solutions previously acquired Epay Manager in 2024 and Trucksmarter's factoring and banking portfolio in 2025.

The players

OTR Solutions

A leader in logistics-focused financial technology and back-office solutions, headquartered in Roswell, Georgia.

Peruse Technology, Inc.

An AI-powered document audit automation technology company purpose-built for the transportation and logistics industry.

Clayton Griffin

President of OTR Solutions.

Grace Maher

Chief Operating Officer of OTR Solutions.

Fritz Owens

Chief Executive Officer of OTR Solutions.

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What they’re saying

“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.”

— Clayton Griffin, President of OTR Solutions (GlobeNewswire)

“Peruse's capabilities have fundamentally changed how we audit, verify, and classify documents at scale, improving decision speed and strengthening trust across the platform.”

— Grace Maher, Chief Operating Officer of OTR Solutions (GlobeNewswire)

“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 (GlobeNewswire)

What’s next

OTR Solutions plans to quickly deliver new AI-based automation solutions to the market, along with enhancements to existing feature sets, leveraging the capabilities of the acquired Peruse technology.

The takeaway

The acquisition of Peruse Technology represents a strategic move by OTR Solutions to strengthen its position as a leader in logistics-focused financial technology, leveraging advanced AI-powered document automation to drive operational efficiencies, improve data accuracy, and enhance trust across the transportation and logistics industry.