The Automation Settings panel is used to start automated events - i.e. Action Sets. You can run an Action Set before the form loads and after the form saves. 


Before E-form Load Event - This is useful for updating the Record before the E-form pulls its data or for validating exiting information while opening. 


After E-form Save Event - This is useful for send alerts that a form was saved, validating the entered information, and more. Essentially, this is a little workflow logic that can be applied without havign the route the form each time.