Without reading any of the doco, it appears to be a job definition called invoice-approval-pipeline that runs every 5 seconds.

The steps are:

1. Get all the pending invoices

2. Set their state to "processing"

3. Call out to an external service/process to do the actual processing, wait for a response.

4. If the response is OK, do something

5. Wait 5 seconds and then start again.

Not sure I love the syntax and the way SQL is embedded between the $$

But it is in the database, can be updated and modified in the same way as all the other stored procedures/functions, allows job control, I assume other control structures for parallel steps etc.

Gonna go read the doco now.