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Excel templates can significantly streamline the process of designing, setting up, and standardizing forms and reports. Numerous free templates are available for all Excel users, accessible through the Excel desktop app and Excel online. In the video, you'll learn how to find these templates by navigating to the File tab and selecting New. You can explore various categories or search using specific terms, such as "tracker templates." After selecting a template, you’ll receive additional details about its developer and can view other templates using arrows. To download your chosen template, simply click the Create button.