A Business Service Provider (BSP) is comparable to an Application Service Provider (ASP). It rents third-party software
and makes it available to its customers. BSP companies provide cost-effective applications over a network. Unlike Application Service Providers (ASP), Business Service Providers (BSP) offer customized software solutions for their clients and back-office services for outsourcing business tasks, such as payroll or accounting for companies. For small and medium-sized companies, a Business Service Provider (BSP) can be quite interesting, as it only incurs low monthly fixed costs.