This administrative feature allows for Jobs to auto-run and auto-update on an interval basis. An example of a Job might be a currency update, which allows currencies in the CRM to sync with new rates on a nightly basis. Another example is an import update, which allows for temporary database files created upon import to be cleaned up and removed. Because this Job is not time sensitive, it can be scheduled to run weekly.
In addition to each individual Job, there is a Monitor Job function that runs every two minutes. It looks at all other Jobs in the system and ensures they are all running properly. If an individual Job is stuck or not running properly, the Monitor Job will send the administrator an email alert that there is an issue.
View the video: http://www.youtube.com/watch?v=8kROBldGicE