Oct 13,2021 | 2 min read

Application Service Provision Agreement | Download Free Templates

1. What is an application service provision agreement? 

An application service provider is a company that offers individuals or enterprises access to applications and related services over the internet. The term has largely been replaced by software as a service provider, although in some parts of the world, companies still use the two labels interchangeably. 

2. Why is it important? 

a. It helps smaller companies with low budgets for information technology (IT) and also for larger companies 

b. It provided applications and services to small enterprises and individuals on a pay-per-use or annual license fee basis.

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Lawyered Team

Lawyered Team