A timer node is used within a process sequence. The process will get into a waiting situation when the timer node is reached. The process will continue when timer condition is TRUE.

At runtime, is possible to trace timer nodes: Process Traceability

It is not advised to use a timer condition based on the values of NOW or TODAY. When the re-evaluation event "on domain change" is used, the date will be different at each domain change, and therefore changed at each domain change. This could lead to strange behaviour, like conditions which are never met.

Re-evaluation of timer conditions only occurs when the case profile has been altered. When the process definition is changed, it will not re-evaluate automatically until the case profile has been changed somehow. Take this into account when publishing an altered process definition.