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In this tutorial, Ivan from SimpleSheets introduces a contract management template and provides a step-by-step guide on its usage. The video highlights that viewers can try five free templates by clicking the provided link. Ivan encourages support for the channel through likes and subscriptions. The introduction sheet includes a brief overview of the template, key term definitions, customization difficulty, an explanation of the included sheets, and usage instructions. Additionally, there is a guide on integrating the templates with compatible online services. The central feature of the template is the dashboard for tracking various contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.