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The video tutorial discusses the Coe meets offer letter feature, which simplifies the process of making official job offers to candidates. Viewers will learn how to create offer letter templates using existing company documents, set up internal approval processes, and assign responsibilities for approvals. The steps include configuring the offer in the hiring workflow for a specific position, generating the candidate's offer, obtaining necessary internal approvals, and ultimately sending the finalized offer for signing. The tutorial emphasizes the importance of these functionalities for streamlining the hiring process and is directed at company owners or admins with access to the settings.