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The video tutorial explains how to use Coe meets offer letter feature for effectively closing job offers with candidates. It outlines the process of creating offer letter templates using existing company documents, setting up internal approval workflows, and assigning approval responsibilities. Users will learn to generate an offer for a candidate, share it for necessary internal approvals, and ultimately send the finalized offer for signing. The tutorial includes specific steps to access and create offer letter templates, starting with navigating to company settings and locating the offer templates in the data menu, emphasizing that only company owners or admins can access these settings.