Employee referral management software is designed to enhance and streamline the process of managing employee referrals for job openings. This software allows companies to leverage their existing workforce to recruit new talent by incentivizing employees to recommend qualified candidates from their personal networks. The platform typically features a user-friendly interface where employees can submit referrals, track their status, and potentially earn rewards for successful hires. Additionally, it provides HR teams with tools to manage and evaluate referral campaigns, monitor the effectiveness of referrals, and maintain organized records of all activities. This ultimately helps improve recruitment quality and reduce hiring costs.