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Cisco 700-805, also known as the Cisco Renewals Manager Certification Exam, is a professional-level certification exam offered by Cisco Systems. Cisco Renewals Manager certification is designed for professionals who are responsible for managing and renewing Cisco contracts and services. 700-805 Exam Tests the candidate's knowledge and skills in contract management, customer relationship management, and sales operations.
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Cisco Renewals Manager certification is a testament to the individual's knowledge and expertise in the field of IT sales and renewals. It is a globally recognized certification that can help professionals to stand out in the competitive IT industry. Cisco Renewals Manager certification can open up new job opportunities, increase earning potential, and help individuals to advance their careers in the IT industry.
Finally, this exam assesses a candidate's understanding of CISCO end-to-end solutions and operations, including network operations and monitoring tools, patch management, security device management (SDM), and security policies. Knowledge of the Cisco Firepower Management Center (FMC) is also tested on this exam. Cisco 700-805 Dumps is the most updated version of the Cisco exam. Yesterday people couldn't get certified for this exam so they used some old exam dumps and some new ones. Finally, today, after much struggle and necessity, we've got it all together in one place. Knowledge of the Cisco Operations Center (Cisco OCC) is also tested on this exam. Wise words of wisdom are offered by Cisco specialists. Share these words of wisdom with your co-workers. Worry is the biggest problem of modern times. Choosing the right IT certification for you is your personal decision, and we want to make sure that you take the best possible steps toward making the right decision. Choosing the certification that's the most relevant to your current needs will give you the biggest immediate boost toward your career advancement.
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NEW QUESTION # 53
What does TPV mean?
Answer: B
NEW QUESTION # 54
What is the Cisco definition of a Reusable Non-Standard Discount (RNSD)?
Answer: C
NEW QUESTION # 55
During the Preparation phase, an RM discovers 30 decommissioned assets are still listed in the customer ' s IB. Which action should the RM take?
Answer: D
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 # 56
Which statement regarding which tools can be added as value to customer and partners is invalid?
Answer: D
Explanation:
The statement that is invalid regarding which tools can be added as value to customer and partners is B. help manage Discounts for Quoting. This is because discounts are not a tool, but a pricing strategy that can be used to attract or retain customers, increase sales volume, or clear inventory. Discounts are not something that can be added as value to customer and partners, but rather something that can reduce the value or profit margin of the seller. Tools that can be added as value to customer and partners are those that can help them solve their problems, improve their performance, or enhance their experience. For example, some of the tools that Cisco offers to its customers and partners are:
Adopt on Scores: This tool provides insight into how well customers are utilizing service and software they purchase from Cisco. It helps customers measure their adoption progress, identify gaps and opportunities, and optimize their outcomes.
Trusted Data Source: This tool provides hardware refresh and software renewal insights for customers and partners. It helps them plan ahead, stay current, and reduce risks.
Business Insights: This tool provides data-driven insights into new and unique business prospects for customers and partners. It helps them discover new markets, segments, or opportunities, and expand their sales potential.
NEW QUESTION # 57
An RM is preparing the commercial strategy for an upcoming renewal. What critical input must the RM obtain from the CSM to ensure a value-led conversation with the customer?
Answer: A
Explanation:
A value-led renewal conversation must be anchored in evidence that the customer has adopted the solution and realized measurable business value. The CSM is the primary source for this context because the CSM tracks customer health, adoption progress, use-case achievement, success metrics, and barriers to value realization throughout the lifecycle.
For the RM, these inputs are critical when building the commercial renewal strategy. Adoption metrics show whether the customer is actively consuming the purchased capabilities, while value realization proof points connect that consumption to outcomes such as improved productivity, reduced operational risk, increased efficiency, or achievement of the KPIs defined earlier in the lifecycle. These proof points allow the RM to position the renewal as continued investment in demonstrated business outcomes rather than merely as a contract-expiration event.
Option B is operationally important for quote and entitlement accuracy, but it does not create a value-led customer conversation. Option C may be relevant if technical issues create renewal risk, but open support cases are only one component of customer health. Option D is commercial input typically owned through Sales, pricing, or deal-desk processes and would make the conversation price-led rather than value-led.
Therefore, the RM should obtain current adoption metrics and documented value realization evidence from the CSM, making A the correct answer.
NEW QUESTION # 58
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