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In this tutorial by Ivan from SimpleSheets, viewers learn how to use a contract management template, part of over a hundred available templates. The video encourages audience engagement through likes and subscriptions. The introduction sheet includes a description of the template, key term definitions, customization difficulty, an overview of included sheets, and usage instructions. Additionally, it provides a guide for integrating with online services. The template features a central dashboard to manage contracts with customers, vendors, partners, or employees, beginning with the contract database sheet. Viewers are invited to explore five free templates via the link provided.