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In this tutorial, Ivan from SimpleSheets presents a step-by-step guide to their contract management template, part of a collection of over a hundred smart templates. Viewers are encouraged to try five free templates before making a purchase. The introduction sheet outlines the template's description, key definitions, customization difficulty, and instructions for use. It also includes a guide on utilizing templates with compatible online services. The template features a central dashboard that allows users to track various contracts with customers, vendors, partners, or employees, starting with the contract database sheet. The video encourages viewers to like and subscribe for more content.