AmeriQuest Transportation Services Grows Quickly By Maximizing E-Commerce Efficiencies

AmeriQuest Transportation Services, Cherry Hill, N.J., has grown from a startup, to a leading provider of comprehensive fleet management services, to more than $500 million in gross revenues by maximizing efficiencies throughout the organization. The company leverages the strength in numbers of more than 700,000 vehicles to deliver savings, expertise, and menudriven
services to its private fleet, truckload carrier, and rental and leasing members to help them remain competitive in their marketplace.

When he started the business earlier in the decade, AmeriQuest founder Douglas Clark knew that the company needed a process that could manage disbursement and reconciliation for the company’s members and suppliers.

At the time, paper-based systems were still the preferred accounts payable and receivable system for most companies – a trend that continues for many even to this day. For those seeking to go digital, Electronic Data Interchange was the preferred method. But others were transitioning to a
variety of Web-based applications, and some companies were using proprietary electronic systems, but few of these separate systems communicated with one another. So AmeriQuest sought out a single system that would provide one source for accounts receivable and accounts payable data transfer, regardless of the payment systems used by the buyer or seller. AmeriQuest didn’t need to look far, finding what it needed in the comprehensive accounts receivable and accounts payable solution offered by Corcentric, McLean, Va.