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In this tutorial, Ivan from SimpleSheets introduces a contract management template, part of over a hundred available pre-built templates. Viewers can try five free templates via a link in the description. The video promotes channel growth through likes and subscriptions. The introduction sheet provides a brief description of the template, definitions of key terms, customization difficulty, and instructions for usage. It also includes a guide for using templates with compatible online services. The template features a central dashboard for tracking contracts with customers, vendors, partners, or employees, starting with the contract database sheet.