What does ASP Hosted Systems provide?

ASP Hosted Systems refer to a third-party application service provider that offers various capabilities, making the option about being a third-party provider and offering a range of services the correct choice. These systems typically host applications on their own servers and allow clients to access software and data over the internet, rather than installing and maintaining the applications on their own hardware.

This model enables organizations to leverage technology without the burdens of infrastructure management, providing benefits such as scalability, cost-effectiveness, and access to the latest software updates and features. Clients can utilize a wide array of functionalities, including finance, customer relationship management, or data handling, depending on the specific offerings of the ASP.

While other options mention aspects like connections between buyers and sellers or acquiring financial data, they do not encapsulate the full breadth of services and capabilities typical of an ASP Hosted System, which is specifically about delivering a suite of application-based services over the internet. This comprehensive service model is what distinguishes ASP systems from vendors or single-function software offerings.