Yes. AdvantageCS will host your system in the cloud and provide services such as backup scheduling and integrity checks, disk space management, database administration tasks, and a menu of other services. Alternatively, you can license the system for on-premise use on your servers.
WHAT ARE MANAGED SERVICES?
Managed Services can include any or all of the following: management of the Advantage application processing and reporting, Advantage system performance monitoring, user administration, Web services administration, interfaces and uploads management, application configuration management, 3rd party software monitoring and updates, Advantage upgrades/updates.