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Cisco 700-805 exam covers a wide range of topics related to Cisco product and service renewals, including the renewal process, contract management, pricing and discounting, customer engagement, and sales performance management. To pass the exam, candidates must demonstrate proficiency in these areas and be able to apply the concepts learned to real-world situations. Upon passing the exam, candidates will earn the Cisco Renewals Manager Specialist certification, which validates their ability to manage the renewals process and drive revenue growth for their organization.
Cisco 700-805 Certification Exam is designed to validate the skills and knowledge of professionals who work with Cisco Renewals Manager (RM). Cisco RM is a software tool used by Cisco partners and customers to manage their Cisco product and service renewals. 700-805 exam is aimed at professionals who work in sales, operations, and customer success roles in the technology industry.
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Cisco 700-805 Exam is a certification exam, and passing it will earn the candidates the Cisco Renewals Manager Specialist certification. Cisco Renewals Manager certification is a validation of the candidates' expertise in managing the renewal process of Cisco products and services, and it demonstrates their commitment to professional development and career advancement. It also opens up new career opportunities and increases the candidates' earning potential.
Cisco Renewals Manager Sample Questions (Q63-Q68):
NEW QUESTION # 63
Which support should a Renewals Manager expect from the Customer Success Manager?
- A. communicate the closure of contracts
- B. communicate new greenfield opportunities
- C. communicate discounts on services and software
- D. communicate customer's perceived value and highlight potential barriers
Answer: D
NEW QUESTION # 64
What are the steps to develop a renewal quote?
- A. Ask the customer for renewal data, evaluate new requirements, and quote new services.
- B. Identify the barriers to adoption, ensure that the customer is using the solution, and work with the account manager to create a quote.
- C. Identify the items to renew, verify the discounts, confirm the shipping address, and verify the billing entity.
- D. Position the new technology, create a quote, and order the quote.
Answer: C
NEW QUESTION # 65
During the Preparation phase, an RM discovers 30 decommissioned assets are still listed in the customer ' s IB. Which action should the RM take?
- A. Generate the quote with the assets and apply a DoNotRenew (DNR) flag to the decommissioned items.
- B. Escalate the discrepancy to the Operations team to manually remove the assets during order booking.
- C. Reconcile the IB in Cisco Ready and remove the decommissioned assets.
- D. Update the customer ' s Smart Account directly to delete the assets before generating the quote.
Answer: C
Explanation:
The RM should reconcile the Installed Base before quoting so that assets genuinely removed from service are correctly reflected as decommissioned. Cisco ' s current Renewals Manager v2.0 blueprint explicitly requires the RM to interpret Installed Base data through Cisco Ready for Partners, identify coverage issues, and remediate data misalignments to maintain entitlement accuracy. Accurate IB data is fundamental to quote readiness because obsolete or decommissioned assets can incorrectly inflate renewal scope and create downstream commercial discrepancies. (Cisco Learning Content) Cisco describes Cisco Ready as a centralized source of current Installed Base information and specifically notes that authorized sellers can correct certain data, including marking equipment that customers have removed from service. Cisco guidance further confirms that IB records remain mapped unless assets are marked as decommissioned or removed from the customer ' s network through the appropriate asset- management process. (Cisco) Option B waits until order booking, which is too late; Preparation is specifically intended to resolve IB inaccuracies before quoting. Option C is incorrect because Smart Account administration is not the mechanism for correcting physical Installed Base disposition. Option D would leave inaccurate assets in the renewal configuration rather than correcting the underlying IB.
The appropriate workflow is therefore to reconcile the customer ' s IB in Cisco Ready and ensure the 30 decommissioned assets are removed or correctly marked before generating the renewal quote. Therefore, A is correct.
NEW QUESTION # 66
Which services are contained in the CX portfolio?
- A. Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services
- B. Support Services, Business Critical Services and Professional Services
- C. Support Services and Business Critical Services
- D. Support Services, Business Critical Services, Professional Services and Managed Services
Answer: A
Explanation:
CX portfolio consists of five service categories that cover the entire lifecycle of a technology:
Support Services: Provide technical support, software updates, and smart capabilities to help customers maintain network availability, security, and performance Business Critical Services: Provide expert guidance, best practices, proactive support, and insights to help customers optimize their network performance, security, and availability Professional Services: Provide consulting, design, implementation, integration, optimization, and migration services to help customers deploy and adopt Cisco solutions Managed Services: Provide end-to-end management, monitoring, and operation of customer's network infrastructure and applications by Cisco or certified partners Learning Services: Provide training, certification, and enablement programs to help customers develop their skills and capabilities on Cisco technologies
NEW QUESTION # 67
What is the ATR on a $10, 000oneyearre curing revenue contract?
- A. 10% of $10,000
- B. $1,200
- C. $10,000 divided by 12
- D. $10,000
Answer: C
NEW QUESTION # 68
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