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In this tutorial, Ivan from SimpleSheets introduces a contract management template, part of over a hundred pre-built templates available. He invites viewers to try five free templates via the link in the description. The template's introduction sheet provides a brief description, definitions of key terms, customization difficulty, explanations of included sheets, and usage instructions. Additionally, there's a guide for integrating the templates with compatible online services. The main feature of this template is a central dashboard to help track various contracts with customers, vendors, partners, or employees, starting with the contract database sheet.