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In this tutorial, Ivan from SimpleSheets introduces the contract management template, part of their collection of over a hundred pre-built templates. Viewers are encouraged to try five free templates via a link in the description. The introduction sheet provides a description of the template, key definitions, customization difficulty, and instructions on usage. Additionally, it includes a guide for using the templates with compatible online services. The template features a central dashboard for tracking various contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.