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Cisco Renewals Manager certification exam, also known as the 700-805 exam, is designed for professionals who want to demonstrate their expertise in managing Cisco product renewals. 700-805 exam is intended for individuals who work in sales, business development, or customer success roles, and who are responsible for managing the renewals of Cisco products and services. 700-805 exam covers a wide range of topics related to Cisco products and services, including licensing, software renewals, and subscription management.

Cisco 700-805 exam is a 90-minute test consisting of 55-65 multiple-choice questions. Candidates will need to demonstrate their understanding of Cisco licensing models, contract management principles, and best practices for managing renewals. 700-805 Exam also covers topics such as customer relationship management, sales methodologies, and negotiation skills, which are essential for success in managing renewals and contracts. Passing the exam demonstrates a candidate’s proficiency in managing and renewing Cisco products and services, which can enhance their career prospects and open up new opportunities in the IT industry.

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Cisco 700-805 Exam is a 60-minute long exam that consists of 45-55 multiple choice questions. 700-805 exam can be taken online, and it is available in English, Japanese, and Chinese. 700-805 exam is designed to test the candidate's knowledge of Cisco's Renewals Manager role, how to manage the renewal process, and how to engage with customers to ensure they continue to renew their contracts.

Cisco Renewals Manager Sample Questions (Q123-Q128):

NEW QUESTION # 123
Which critical task must be performed during the Qualification phase?

A. validate customer inventory
B. develop a Success Plan
C. Renewal Plan development
D. quote delivery

Answer: A

Explanation:
According to the Cisco website1, one of the critical tasks during the Qualification phase is to validate customer inventory, which includes:
Reviewing the Available to Renew (ATR) report and identifying any discrepancies or missing items Confirming the accuracy of the contract end dates, product IDs, serial numbers, and quantities Updating the ATR report with any changes or corrections

NEW QUESTION # 124
Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered add tons to the network?

A. explore up sell opportunities
B. focus on benefits
C. lock in revenue streams through co-termination
D. validate the customer's business needs

Answer: A

NEW QUESTION # 125
Which statement best describes the Success Plan?

A. a document capturing a comprehensive view of all customer health scores
B. the blueprint for account teams to achieve customer success
C. a shareable document that captures all account activities
D. a tool for report ng actions to management

Answer: A

NEW QUESTION # 126
What is the primary measurement of success for a Renewals Manager?

A. percentage of contracts closed
B. renewal success rate
C. iARR rate
D. upsell percentage

Answer: B

Explanation:
The primary measurement of success for a Renewals Manager is the renewal success rate, which is the percentage of customers who renew their contracts with Cisco at the end of their term. The renewal success rate reflects the Renewals Manager's ability to retain customers and revenue, as well as to increase customer satisfaction and loyalty. The renewal success rate is calculated by dividing the number of customers who renew by the number of customers who are eligible to renew in a given period. The renewal success rate is different from other metrics such as upsell percentage, percentage of contracts closed, or iARR rate, which are not directly related to the Renewals Manager's role or performance.

NEW QUESTION # 127
Which two actions does a partner perform within CCW-R? (Choose two.)

A. view and manage contracts
B. download data sheets
C. set up an email marketing campaign
D. renew services

Answer: A,D

NEW QUESTION # 128
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