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Excel templates can streamline the creation of forms and reports, offering a variety of free options for users. These templates are accessible in both the Excel desktop app and Excel online. To find them, go to the File tab and select 'New.' Users can browse through categories or enter specific search terms to locate desired templates, such as "tracker templates." By selecting a template thumbnail, users can view additional details, including the developer's information, and navigate through other templates using arrows. Once a preferred template is found, it can be downloaded by clicking the 'Create' button.