Usually a company’s document templates are stored somewhere on a disk and accessed by some application in order to categorize into department, type and keywords. The problem is keeping this up to date since people have created their own copies and no one knows where the correct version is. By using TemplateHub you have the latest versions in every document library, categorized and security trimmed available by a single click.
Installation is straightforward. Setup screen tells you your status of configuration and adds the missing parts if needed. You need to have permission add an add-in in your site and permission to create a document library in “content type hub” site.