What is application service provider in SAP CRM - Customer Relationship Management?

SAP Term: application service provider

• Component: CRM

• Component Name: Customer Relationship Management

• Description: Manages and delivers applications across the Internet on a rental basis.

Smart SAP Assistant

• Key Concepts: 
  Application Service Provider (ASP) is a type of service provider that provides access to software applications over the internet. It is a type of cloud computing service that allows users to access applications and services remotely, without having to install them on their own computers. 
  
  How to use it: 
  ASPs are used to provide access to software applications such as Customer Relationship Management (CRM) systems. These systems allow businesses to manage customer data, track customer interactions, and analyze customer behavior. ASPs provide access to these systems without the need for businesses to purchase and install the software on their own computers. 
  
  Tips & Tricks: 
  When using an ASP for CRM, it is important to ensure that the provider is reliable and secure. It is also important to ensure that the provider offers the features and functionality that your business needs. 
  
  Related Information: 
  ASPs are also used for other types of software applications such as enterprise resource planning (ERP) systems, accounting systems, and e-commerce platforms. It is important to research different providers before selecting one for your business needs.