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We call the person or group who provides funding for the development of the new system as a client.

In the  business, commerce, as well as economics, a client is known as a person who receives advice or services from a professional.

For example services by a lawyer or a health care provider. Clients are different from customers.

In that customers are thought of as "one-time buyers" while clients can be considered as "long-term recipients.

For example: Lawyers and attorneys also have  different clients. An important aspect of a lawyer's job is developing and managing relationships with clients.

If the lawyer works for a government agency or corporation, the client's employees can work for him. Lawyers give legal advice to their clients as part of the legal process.

To  know more about client here:

https://brainly.com/question/2850235

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