Reliable 700-805 Guide Dumps: Cisco Renewals Manager - 700-805 Test Prep Materials - PassLeaderVCE

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Cisco 700-805 Exam Syllabus Topics:

Topic	Details
Topic 1	Identify steps to process exceptions or non-standard elements of a renewal quote Assess the financial and service impacts of on-time and delayed renews
Topic 2	Explain the CX Portfolio (including newly introduced offers) Explain the value of the products, solutions and services to meet business objectives
Topic 3	Describe the measurements of success for the RM role Describe contract elements that drive value for customers
Topic 4	Determine the impact of renewals related to Cisco and other products on the company's metrics Interpret the implications of key financial terms (such as CAPEX, OPEX) on customer procurement options and buying motions
Topic 5	Perform an end-to-end renewals motion with the customer, in a partnership with the account team
Topic 6	Explain the deal management (example: CCW) process Describe the components of a Success Plan
Topic 7	Explain how the customer perceives value of their IT solutions Utilize the output from tools (such as TPV and icebreaker) to communicate customer products, solutions, and services

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Cisco 700-805 Exam, also known as the Cisco Renewals Manager exam, is designed to assess the knowledge and skills of professionals who manage the renewal process of Cisco products and services. Cisco Renewals Manager certification is ideal for individuals who work in sales, customer service, or support roles within Cisco partner organizations. Cisco Renewals Manager certification validates the candidate's ability to effectively manage the renewal process of Cisco products and services, ensuring customer satisfaction and business growth.

Cisco Renewals Manager Sample Questions (Q94-Q99):

NEW QUESTION # 94
How does Cisco define AT R?

A. Contracts/subscriptions that are available to renew.
B. Any customer agreement where attrition has been an issue.
C. ATR is the sum of RR and iARR, minus the attrition rate.
D. Contracts/subscriptions that have attrition terms revoked.

Answer: A

Explanation:
A: Contracts/subscriptions that are available to renew.
Comprehensive and Detailed Explanation: According to the Cisco website1, ATR stands for Available To Renew, which is defined as:
* Contracts/subscriptions that are available to renew within a defined time period (usually 90, 180, or 365 days)
* A key metric for measuring the renewal opportunity and performance
* A report that shows the contract details, status, expiration date, product coverage, etc.
References: 1: Cisco Renewals Manager - Cisco

NEW QUESTION # 95
What is the main purpose of CCW-R?

A. to allow customers and partner store new software subscriptions and service contracts from one tool
B. to factor customer ATR, up sell and attrition
C. to capture partner and customer billing preferences
D. to allow customers and partners to download renewal data

Answer: A

Explanation:
CCW-R stands for Cisco Commerce Software Subscriptions and Services, which is a tool that allows customers and partners to quote, order, and manage their service contracts and software subscriptions from one place. CCW-R enables users to create new or renew technical services and software subscription quotes, submit approved orders, and manage their contracts. CCW-R also provides features such as co-terming, contract alignment, service level changes, and deal discounts. CCW-R is designed to simplify the renewal process and enhance the customer experience

NEW QUESTION # 96
Which action should be taken when renewing a contract with a customer? (Choose the best answer.)

A. Start discussions after the contract has expired.
B. Assume their business needs are the same.
C. Validate customer's business needs.
D. Propose only the most important part of the solution.

Answer: C

NEW QUESTION # 97
Which statement best describes the Success Plan?

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

Answer: B

NEW QUESTION # 98
What does iARR measure?

A. our ability to internally align renewable resources
B. our ability to monitor product utilization, and financial growth collectively
C. our ability to expand upon existing customer value
D. our ability to increase renewal rates through pricing controls

Answer: B

NEW QUESTION # 99
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