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In this tutorial, Randy from Excel for Freelancers introduces a highly requested feature: creating a fully automated licensing system for Excel workbooks. The training aims to equip viewers with the skills to develop their own Excel applications and implement licensing options, including the ability to create and manage expiring licenses. Randy emphasizes the simplicity and effectiveness of adding licensing code and pop-ups to any application. He encourages viewers to engage with the entire training, as it contains valuable insights and new information.