Fleetworthy announced the asset acquisition of Commercelogic, a leader in predictive tolling and GPS-powered analytics. This strategic acquisition combines Commercelogic's advanced technology with the Bestpass by Fleetworthy platform, empowering fleets with predictive toll insights, automated reconciliation, and unprecedented cost-saving opportunities.
Bestpass by Fleetworthy currently processes over $1.5 billion in toll transactions annually and serves more than 30,000 customers. By integrating commercelogic’s predictive technology, the platform will offer fleets near real-time toll visibility, automated discrepancy detection, and dynamic route optimization – allowing fleets to proactively manage costs and streamline operations.
Commercelogic adds enhanced toll reporting tools as a standalone service initially for customers using Geotab and Samsara. Additional ELD integration partners will be announced soon.
Key benefits of the integration
Predictive Tolling: Use GPS and telematics data, enhanced by AI-powered models, to estimate toll charges before invoices arrive.
Automated Reconciliation: Instantly flag mismatches between predicted and billed tolls.
Alternative Route Analysis: Identify cost-effective routes to reduce toll expenses.
Independent Verification: Validate toll charges with GPS-based data across all agencies.
Scalability: Advanced insights and savings for fleets of any size – from owner-operators to large enterprise fleets.
“This acquisition continues our commitment to offering the most advanced toll analytics to fleet operators,” said Shay Demmons, Chief Product Officer of Fleetworthy. “By integrating commercelogic's predictive tolling and AI capabilities, we will empower fleets with near real-time toll visibility, automated reconciliation processes, and the ability to optimize routes and costs in ways that were previously not possible.”