What does the Automatic Signer do in the Signature Role (Using e-Sign Live)

Summary

What does the Automatic Signer do in the Signature Role (Using e-Sign Live)

Content

We have enabled e-signatures and noticed that the Signature Role has two options - Signer and Automatic Signer.  I'm assuming that the Auto Signer role would be like a rubber stamp (if ALL of the other signatures are in place, that individuals signatures would be automatically be added, preventing the CEO/President from being inundated with emails and having to individually sign).  I would like to confirm if my assumption is correct (or off base)

 

Thanks,

BIll