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A business services provider (BSP) is a type of service provider that rents third-party software applications to businesses. BSPs offer an affordable way to acquire applications by means of networks. They tailor software packages to fulfill the requirements of their customers and provide back-office solutions by outsourcing nearly all of their business operations. This includes mail delivery, payroll, finance, building security, administration, bookkeeping, human resources, and so on. Business service providers are otherwise known as application service providers or business process outsourcers.
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