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In this video tutorial, Ivan from SimpleSheets guides viewers through the contract management template, one of over a hundred pre-built templates available. He encourages viewers to try five free templates via a link in the description and to support the channel by liking and subscribing. The introduction sheet includes a brief description, key term definitions, customization difficulty, and an overview of the accompanying sheets. Instructions for using the template and a guide for compatible online services are also provided. The template features a central dashboard for managing contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.