Read today’s business technology headlines and you’ll see that cloud and software-as-a-service (SaaS) implementations are quickly replacing on-premises legacy management and accounting systems. Multifamily property management, construction and development organizations will soon have to join this trend or be left behind while their competitors adopt cloud-based software that can be maintained remotely and accessed 24/7 from anywhere via the internet. Those who move their management and accounting systems to the cloud will gain significant benefits. Three Ways Cloud Accounting Systems Can Boost Your Business 1. Basic Cloud Benefits Scalability and flexibility. You can implement cloud solutions quickly and easily, and realize immediate operational improvements. You pay only for the resources you need at any given time, so you can scale up or down to meet business objectives with maximum cost efficiency.