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In this tutorial, Ivan from SimpleSheets introduces the contract management template, part of over a hundred pre-built templates available. Viewers can access five free templates via the link in the description. The video emphasizes the importance of liking and subscribing to the channel. The introduction sheet provides a brief overview, key definitions, a customization difficulty rating, and instructions for using the template. It also includes guidance for utilizing the templates with compatible online services. The primary feature of this template is a central dashboard to track various contracts with customers, vendors, partners, or employees, starting from the contract database sheet.