Exit interview is a modern technique that is used by the organizations today to know what employees think of the company. The importance of this method further rises as it reveals the flaws in the company strategies that cannot be noticed by the company managers otherwise. Such interviews are also conducted to make sure that employee is leaving the company on a positive tone so as to spread good word of mouth. A questionnaire is designed with the help of exit interview survey software. It is much better than manual procedure because it saves a lot of time as well as causes fewer errors. There is high significance of these interviews as per management perspective. It is because a company takes such survey as a valuable chance to gain true feedback by the employees. For this, the questions included in the questionnaire designed through exit interview survey software are selected very carefully. There are a large number of tools for the designing such as formatting, deployment, types of question, security and many others features.  Care is taken to add all types of questions and more of open ended ones so that employees can add their out of the box opinion . They have not to choose if they do not find any alternative to match with their perception. It is not just formation in which the exit interview survey software is a master. The collection of feedback is simple as it can be done though creating a link of web address for an individual survey. Other possible method is to e-mail the online survey link to each of the employees.   Analysis of the results gets easy due to the use of graphical and analytical tools. It keeps the results confidential by security code or password. The reports generated can be customized. The results of the survey will be available at the exact time by using this software. Through the online survey created by software, employees do not hesitate and give honest feedback as they are not going to visit the company again.