Can we schedule ESS job for every 5 minutes in Fusion?

Summary:

There is an ask to schedule "Process Electronic Bank Statements" for every 5 minutes.

Content (please ensure you mask any confidential information):

Whether its possible to schedule "Process Electronic Bank Statements" with 'Submit Autoreconciliation' parameter checked for every 5 minutes? There will be custom Report post this job. Will there be performance issue? What is best practice for minimal frequency ESS schedule?

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Code Snippet (add any code snippets that support your topic, if applicable):