Testing 700-805 Center | Valid 700-805: Cisco Renewals Manager

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Cisco 700-805 Certification Exam is an essential credential for professionals who work with Cisco Renewals Manager. It validates the candidate's skills and knowledge of the tool, Cisco's product and service offerings, and their ability to communicate effectively with customers and partners. Earning this certification demonstrates a commitment to professional growth and a dedication to providing excellent customer service.
Cisco Renewals Manager certification provides several benefits to IT professionals who earn it. First, it demonstrates their expertise in managing Cisco contracts and renewals, which can help them advance their careers. Second, it provides access to Cisco's extensive network of resources and support, including training, tools, and services. Finally, it validates their skills and knowledge, giving them the confidence to tackle complex challenges related to Cisco contracts and renewals.
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Cisco 700-805 Exam | Testing 700-805 Center - High Pass Rate Reliable 700-805 Exam Syllabus
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To take the Cisco Renewals Manager Exam, candidates need to have a solid understanding of Cisco's products and services, as well as experience in sales, account management, or customer success. They also need to have strong communication skills, attention to detail, and the ability to work well under pressure. Passing the exam requires a score of at least 70%, and candidates are given 90 minutes to complete the exam.
Cisco Renewals Manager Sample Questions (Q59-Q64):
NEW QUESTION # 59
Which action can a Renewals Manager take to drive value in the account?
- A. Align partners on training.
- B. Def ne the account forecast.
- C. Removing adopt on barriers.
- D. Manage and mitigate renewal risk.
Answer: D
NEW QUESTION # 60
How does Cisco define Business Critical Services?
- A. hardware replacement
- B. Pay-as-you-go, services covering business-critical functions
- C. Pay-as-you-go, technology-based services
- D. subscription-based services covering the lifecycle of a technology
Answer: B
NEW QUESTION # 61
A customer is eight months into a single-year contract with low feature adoption. The contract expires in four months. How should the RM use the T+ approach and the T-minus timeline together to manage this situation?
- A. Replace the T-minus timeline with the T+ lifecycle model to focus exclusively on value realization.
- B. Use T+ to address the adoption gap now while using T-minus checkpoints to execute the renewal operationally.
- C. Apply T-minus milestones to the adoption gap and T+ principles to the commercial execution.
- D. Use T+ to manage the software adoption and T-minus to manage the service contract renewal separately.
Answer: B
Explanation:
The correct approach is to use T+ proactively to address the customer's adoption and value-realization gap, while simultaneously using the T-minus operational checkpoints to manage the upcoming renewal transaction.
Cisco's current Renewals Manager v2.0 blueprint explicitly distinguishes these two concepts. Objective 1.3 requires the RM to evaluate the impact of the T+ proactive renewal approach to protect recurring revenue, while objective 3.2 requires prioritizing renewal activities using the T-120, T-90, T-60, and T-30 operational checkpoints. (Cisco Learning Content) In this scenario, the customer is eight months into a 12-month contract and therefore approximately T-120 from expiration. Low feature adoption is an immediate lifecycle risk. The RM should not wait until the commercial renewal discussion to address it. T+ promotes continuous attention to customer value, adoption, and renewal readiness throughout the lifecycle, which means working with the CSM and relevant technical stakeholders now to improve usage and remove adoption barriers. Cisco's CSM framework likewise emphasizes identifying adoption barriers and interpreting usage data throughout the customer lifecycle.
(Cisco)
At the same time, the RM should begin the formal T-120 renewal workflow, including IB validation, risk assessment, stakeholder alignment, and quote readiness.
Options A and B incorrectly separate or reverse the functions of the two models. Option C incorrectly treats T+ as a replacement for the renewal countdown.
Therefore, D is correct.
NEW QUESTION # 62
What does a high Renewal Rate indicate about the performance of a Renewals Manager?
- A. The Renewals Manager is skilled at increasing company OPEX.
- B. The Renewals Manager is proficient at technical troubleshooting.
- C. The Renewals Manager is successful at attracting new customers.
- D. The Renewals Manager is effective in retaining customers.
Answer: D
NEW QUESTION # 63
Which task is the responsibility of the Renewals Manager?
- A. managing recurring revenue risk
- B. managing the Success Plan
- C. billing recurring revenue contracts
- D. driving adoption of specific technologies
Answer: A
Explanation:
one of the tasks that is the responsibility of the Renewals Manager is to manage recurring revenue risk, which includes:
Identifying and prioritizing renewal opportunities and challenges
Developing and executing renewal strategies and plans
Collaborating with other Cisco teams and partners to ensure customer satisfaction and retention Negotiating and closing renewal deals
NEW QUESTION # 64
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