Scaling Cash Visibility: A Treasury M&A Playbook

Scaling Cash Visibility: Delivering a Daily Position Across Constant Acquisition

Oct 29, 2026 · 45 minutes · Raluca Dusa, Flow Control Group, Daniel Kalish, Nilus, Keith Raymond, Nilus

When an acquisition adds thirty bank accounts in a month, how long is it before you can see the cash in them?

PwC puts global M&A on track for roughly 42,000 deals this year.* Each one is a major event for treasury: new bank accounts to open and close, another chart of accounts to map, another ERP to pull from. Most teams still handle it by hand, and cash visibility across the new entities comes down to a spreadsheet somebody rebuilds every morning.

For Raluca Dusa, cash visibility cannot be a downstream benefit of integration. As VP of Treasury and Risk Management at Flow Control Group, a KKR-backed distributor built through more than a hundred acquisitions, she built a treasury operation that sits above the systems: one daily cash position across every account and entity, without logging into multiple banking portals. The assembly is automated. The judgment is not.

It amounts to a new playbook for agentic treasury operations. Join Raluca, Nilus founder and CEO Daniel Kalish, and Keith Raymond, VP of Sales at Nilus, for a live discussion of cash management at M&A speed.