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In this video tutorial, Ivan from Simplesheets presents a step-by-step guide to their contract management template, part of a collection of over a hundred pre-built templates. Viewers are encouraged to try five free templates before purchasing. The introduction sheet provides a brief overview, key terms, customization difficulty, an explanation of the included sheets, and usage instructions. It also includes guidance on using the templates with compatible online services. The template features a central dashboard for tracking contracts with customers, vendors, partners, or employees, starting with the contract database sheet.