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700-805 · Question #90

Which task is the responsibility of the Renewals Manager?

The correct answer is D. managing recurring revenue risk. Managing recurring revenue risk (D) is the Renewals Manager's core function - their role centers on identifying accounts at risk of churning, negotiating contract renewals, and ensuring revenue is retained at renewal time. Why the distractors are wrong: A (customer adoption) - Th

Business Acumen

Question

Which task is the responsibility of the Renewals Manager?

Options

  • Aowning customer adoption of technologies
  • Bbilling recurring revenue contracts
  • Ccreating the Success Plan
  • Dmanaging recurring revenue risk

How the community answered

(38 responses)
  • A
    3% (1)
  • C
    5% (2)
  • D
    92% (35)

Explanation

Managing recurring revenue risk (D) is the Renewals Manager's core function - their role centers on identifying accounts at risk of churning, negotiating contract renewals, and ensuring revenue is retained at renewal time.

Why the distractors are wrong:

  • A (customer adoption) - This belongs to the Customer Success Manager (CSM), whose job is driving product adoption and value realization.
  • B (billing recurring revenue) - Billing is an Finance/Accounts Receivable function, not a Renewals Manager responsibility.
  • C (creating the Success Plan) - Again, this is a CSM deliverable, focused on mapping customer goals to product outcomes.

Memory tip: Think of the Renewals Manager as a revenue defender. Their title says it all - they own the renewal, which means managing the financial risk of losing that contract. Any task about adoption, success planning, or billing belongs to other roles (CSM or Finance).

Topics

#Role Responsibilities#Recurring Revenue#Risk Management#Renewals

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