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In this tutorial, Ivan from SimpleSheets presents a step-by-step guide to their contract management template, showcasing one of over a hundred pre-built templates available. Viewers are encouraged to try five free templates via a link in the description and to support the channel by liking and subscribing. The introduction sheet provides an overview of the template, key terms, customization difficulty, instructions for use, and guidance for integration with compatible online services. The template features a central dashboard that helps users track contracts with customers, vendors, partners, or employees, starting with the contract database sheet.