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In this tutorial, Ivan from Simplesheets presents a step-by-step guide for their contract management template, part of over a hundred available templates. Viewers are encouraged to try five free templates before purchase and support the channel by liking and subscribing. The introduction sheet offers an overview of the template, including key terms, customization difficulty, and explanations of included sheets. Instructions for effectively using the template are provided, along with guidance on compatibility with online services. The template features a central dashboard for tracking various contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.