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The Coe meets offer letter feature streamlines the process of making official job offers. It allows users to create offer letter templates based on existing company documents, set up internal approval processes, and assign responsibilities for approvals. Users can configure the offer within the hiring workflow for specific positions, generate the candidate's offer, and share it internally for necessary approvals before sending the finalized offer for signing. The tutorial will guide you through creating offer letter templates using current offer letters or employment agreements, starting from accessing settings through the company name and navigating to the offer templates section.