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In this tutorial, Ivan from SimpleSheets introduces a contract management template, part of their collection of over a hundred pre-built templates. Viewers are encouraged to try five free templates via a provided link before purchasing. The introduction sheet includes a description of the template, definitions of key terms, customization difficulty, and instructions for use. It also features a guide for utilizing templates with compatible online services. The template provides a central dashboard for tracking contracts with customers, vendors, partners, or employees, beginning with the contract database sheet.