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Excel templates can streamline the design and standardization of forms and reports, with hundreds of free options available for all users, compatible with both the Excel desktop app and Excel online. The video tutorial explains how to locate and set up these templates. To find templates, go to the File tab, then New. You can browse through categories or type in specific search terms, like "tracker templates." Selecting a thumbnail provides more details about the template, including its developer. Once you find a desired template, you can download it by clicking the "Create" button.