Since the application is a complex one with different modules and functions, the update process is somehow tricky. You will need to make a backup of all the databases available in which you are working and then use the built-in update system. When the software was bought, beside the actual payment for their services you can take advantage of the free support regarding functionality of the software, updates or anything that is related to their product.
Please visit the website of the product and sign in to your account and create a support ticket or talk to a representative on how to update the software because they will provide all the necessary steps and files. The updates are available only for paid customers.