Rigmatix trucking management software

    Financial

    What is Notice of Assignment?

    Also written as NOA

    A notice of assignment (NOA) is the letter a factoring company sends a broker directing that payment for the carrier's invoices be sent to the factor instead of the carrier.

    Why it matters in day-to-day operations

    Payments sent to the wrong party after an NOA can leave a carrier paying twice.

    Related terms

    Freight Factoring Freight Invoice

    Handle it in Rigmatix instead of a spreadsheet

    Dispatch, invoicing, settlements, fuel and IFTA in one system. No setup fee, cancel anytime.

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