What is an example of a service that an ASP might provide?

An Application Service Provider (ASP) is a type of service provider that delivers software applications over the internet through a subscription model, allowing organizations to access and utilize software without needing to install and maintain it on their own servers. Handling electronic invoice presentment is aligned with this model, as it involves the provision of software solutions that manage the creation, sending, and tracking of invoices electronically. This service can provide businesses with greater efficiency and reduced costs in their billing processes, as well as the benefit of not having to manage the underlying infrastructure.

The other services mentioned, such as hosting a website, developing new software applications, or managing customer service inquiries, typically involve more direct and sometimes in-house management or development processes rather than the application-focused, subscription-based model that defines an ASP's offerings. Hosting a website is generally associated with web hosting services, development of software applications usually requires a software development firm, and customer service inquiries management could fall under customer relationship management (CRM) rather than the realm of ASPs specifically. Therefore, handling electronic invoice presentment is the most fitting example of a service provided by an ASP.