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In this video, Ivan from SimpleSheets presents a step-by-step tutorial of their contract management template, part of a collection of over one hundred pre-built templates. Viewers are encouraged to click the link in the description to try five free templates before purchasing. The introduction sheet provides a brief overview of the template, key term definitions, customization difficulty, and detailed instructions for use. Additionally, it includes a guide for utilizing templates with compatible online services. The template features a central dashboard for tracking contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.