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William Marshall's video tutorial is about a cost-effective and efficient way to track vendor invoices using Excel. He emphasizes the importance of having a structured system in place to avoid spending unnecessary money, especially for small businesses. Marshall demonstrates how to create an organized and easily accessible tracker in Excel, allowing users to quickly locate invoices by entering key information such as the vendor name. This Excel-based solution provides a practical alternative to purchasing expensive systems, making invoice tracking more manageable for businesses with multiple vendors and frequent purchases.