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Business Service Provider (BSP)
(history as of 01/02/2014 09:18:05)
A company that rents third-party software application packages to their customers. A BSP is similar to an application service provider (ASP) in that it provides a cost-effective way to procure applications via networks. A BSP differs from an ASP in that it tailors a software package to its customer's needs and offers back-office solutions by outsourcing most (if not all) business processes, such as payroll and bookkeeping.
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