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In this video, Ivan from SimpleSheets provides a step-by-step tutorial on their contract management template. He highlights that this template is one of over a hundred pre-built options available, with an offer to try five free templates before purchase. The introduction sheet includes a description, key term definitions, customization difficulty, and instructions for using the template. There’s also a guide for utilizing their templates with compatible online services. The contract management template features a central dashboard for tracking various contracts with customers, vendors, partners, or employees, starting with the contract database sheet.