Purpose of Human Capital Management Folder Reporting Duty role in HCM

Friends,

What is the purpose of having the Human Capital Management Folder Reporting Duty role. It's not assigned to any of the HCM seeded roles. I'm aware it grants access to the Human Capital Management web catalog folder. Not sure how it works.

On the other hand, we have Financials Folder Reporting Duty role which is assigned to all of the ERP related roles. This is really helpful becoz we were able to control BIP folder permissions using this role.

We wanted to control the custom HCM folders using the Human Capital Managment Folder reporting Duty role, but not all the seeded roles has it makes it bit challenging.