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In this tutorial, Ivan from SimpleSheets introduces a contract management template, part of their collection of over a hundred pre-built templates. Viewers are encouraged to try five free templates via the link in the description. The introduction sheet provides an overview of the template, key term definitions, customization difficulty, details on included sheets, and instructions for use. There's also a guide on utilizing 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. The video prompts viewers to like and subscribe to the channel for support.