What is an offer letter software?
Offer letter software is a tool that enables companies to digitally schedule and send out offer letters to selected candidates with just a click. Offer letter software helps you reduce your candidate drop-off rate by making the process faster, and enables you to attach related documents and policies along with the offer letter, as well as track the offers and their status from a single dashboard.
What is offer management?
Offer management in recruitment is the dedicated platform that helps the HR team streamline its entire offer management process—from drafting the offer letter to hiring the right candidate. Offer management software helps make this process much faster and more efficient with in-built offer letter templates for different designations and positions, automated approval workflows, and SLAs to make sure the offers get rolled out quicker, and to keep track of how many candidates accept or reject your offer—this helps analyze if your offer is up to industry standards or should be benchmarked.