About time triggered transactions

A time-triggered transaction, or agent, is a program that performs various individual functions, automatically and at specific time intervals. It is not triggered by conditions, events, or user input.

Time-triggered transactions are of three types:

Business process transactions - Processes day-to-day transactions.
Monitors - Tracks and sends alerts for processing delays and exceptions.
Purges - clears the data that might be discarded after being processed.