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Excel templates can help save time by streamlining the design and standardization of forms and reports. There are many free templates available for Excel users, compatible with both the desktop app and Excel online. To find these templates, navigate to the File Tab and select New. Users can browse by category or enter specific search terms, like "tracker templates". By selecting a template thumbnail, additional information, including the developer, is provided. Users can scroll through different templates and, upon finding one they like, can download it by clicking the create button.