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Excel templates can streamline the design and standardization of forms and reports, with numerous free options available for all users on the Excel desktop app and Excel online. In the tutorial, you'll learn how to access these templates by navigating to the File Tab and selecting 'New' to explore categories or search by keywords. For instance, typing "tracker templates" will display relevant results. Selecting a template provides detailed information, including its developer, and you can browse through other options using arrows. Once you've identified a desired template, simply click 'Create' to download it.