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Cisco Renewals Manager Certification Exam is an advanced-level certification that requires candidates to have a solid understanding of Cisco products and services. It is designed for professionals who are already working in the IT industry and have experience in managing Cisco products and services. Candidates who Pass 700-805 Exam will be able to demonstrate their expertise in managing the renewal process for Cisco products and services.
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Cisco Renewals Manager certification exam (700-805) is designed for IT professionals who want to demonstrate their expertise in managing and renewing Cisco products and services. 700-805 Exam covers a range of topics, including Cisco software and hardware products, licensing models, and contract management. Cisco Renewals Manager certification is ideal for those who work with Cisco products and services on a daily basis and want to enhance their skills in managing renewals and contracts.
Cisco Renewals Manager Sample Questions (Q102-Q107):
NEW QUESTION # 102
An RM is reviewing the PXP renewal pipeline for the upcoming quarter. The pipeline contains hundreds of opportunities. How should the RM analyze this data to prioritize immediate outreach?
- A. By filtering for opportunities that have already been processed by the AutoQuote system.
- B. By filtering for opportunities with the longest customer tenure to ensure loyalty.
- C. By filtering for opportunities with the highest discount levels to maximize partner profitability.
- D. By filtering for opportunities with the highest TCV and earliest expiration dates.
Answer: D
Explanation:
The RM should prioritize opportunities according to a combination of financial exposure and time sensitivity.
Filtering for the highest Total Contract Value (TCV) and the earliest expiration dates identifies renewals that represent the greatest revenue impact and require the most immediate action.
Cisco ' s current Renewals Manager v2.0 blueprint explicitly requires the RM to analyze PXP data to prioritize the renewal pipeline and track partner KPIs. It also requires interpretation of recurring-revenue metrics such as ARR, ACV, TCV, NRR, and OTRR to assess portfolio health. In addition, Cisco defines operational renewal checkpoints at T-120, T-90, T-60, and T-30, making proximity to expiration a critical prioritization factor. (Cisco Learning Content) A high-TCV opportunity that is approaching expiration represents both significant revenue exposure and limited remaining execution time. These opportunities should therefore receive attention before lower-value or later-dated renewals. Cisco ' s renewal tools similarly organize visibility around upcoming and expiring contracts so that renewal activity can occur before coverage lapses. (cisco.com) Option A uses customer tenure, which does not directly quantify urgency or financial exposure. Option C focuses on automation status rather than renewal priority. Option D prioritizes discounts, which are a commercial consideration but not the primary determinant of outreach urgency.
Therefore, B is correct.
NEW QUESTION # 103
How does a Renewals Manager drive value in a customer account?
- A. manages and mitigates renewal risk
- B. removes adoption barriers
- C. aligns partners on training
- D. defines the account forecast
Answer: A
NEW QUESTION # 104
What is the future state goal of licensing at Cisco?
- A. Classic PAK
- B. Right to use
- C. Smart License
- D. Standby License
Answer: C
NEW QUESTION # 105
Which is the first step in a solutions-led sales approach?
- A. examine previous purchases
- B. understand the customer's objectives
- C. present quote to customer
- D. identify the latest technology release
Answer: B
NEW QUESTION # 106
Which product addresses network segment a in issues and is comprised of Viptela and Meraki products?
- A. Cloud services
- B. Security applications
- C. SD-WAN
- D. Tetration
Answer: C
NEW QUESTION # 107
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