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In this video, Ivan from SimpleSheets provides a step-by-step tutorial on their contract management template, part of a collection of over a hundred pre-built templates. Viewers can try five free templates via a link in the description. The introduction sheet includes a description of the template, definitions of key terms, customization difficulty, and an overview of the included sheets with instructions for utilization. There's also guidance on using these templates with compatible online services. This particular template features a central dashboard for tracking contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.