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Excel templates can save time in designing and standardizing forms and reports, with hundreds of free options available for all users. These templates work in both the Excel desktop app and Excel online. To find them, go to the File tab and then New. Users can browse by categories or enter a specific search term. For instance, typing "tracker templates" will yield relevant results. Selecting a template thumbnail provides more details about it, including the developer. Once a desired template is found, users can click "create" to download it.