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In this tutorial, Ivan from SimpleSheets provides a step-by-step guide for using their contract management template, part of over a hundred available templates. Viewers can access five free templates through a link in the description. The introduction sheet outlines the template's features, definitions of key terms, customization difficulty, and instructions for usage. Additionally, it includes a guide on integrating the templates with compatible online services. The template offers a central dashboard for tracking contracts with customers, vendors, partners, or employees, starting with the contract database sheet. Ivan encourages viewers to like and subscribe to support the channel.