Cloud-based badges make sense if you have locations with small staffs and no HR people or managers. Like if you're controlling access to a microwave tower on the top of a mountain.
But badges-in-the-cloud for an office building full of people who are being supervised by supposedly trusted managers, and all of whom has been vetted for security and by HR, is just being cheap.
Like the 1980's AT&T commercials used to say: "You get what you pay for."