Vault 2012 now offers a dashboard style reporting tool built right into the folder detail pane offering immediate feedback on project status. Reports based on data contained within a project structure are easily generated and viewed in the preview pane of the interface. The reports include files, sub-projects, items, and change orders within the project. In addition, linked data and implied data can be easily included in the report. As a result of the new Dashboard reports, you can communicate more effectively to your design team on the status of your Projects.
-Brian Schanen