Investment staff at asset owners spend an inordinate amount of time on a critical non-investment activity – reporting, which is a material fiduciary and governance requirement. Massive resources spent to prepare monthly/quarterly reports are costly for asset owners on a tight budget. More importantly, this “time sink” carries a high opportunity cost because investment staff are not focused on their core job – managing assets. Additionally, Board members are saddled with reports that are bulky and difficult to manipulate thereby reducing their ability to ensure effective governance. Current generation technologies permit ease of access to data and visual output, which allows for much more effective reporting and decision-making. This paper highlights the challenges of the current reporting process and then describes how innovative investors could use e-reporting to overcome these challenges. In short, innovative reporting dashboards, using the latest in mobile and web-based capabilities, could improve governance (by increasing flexibility in accessing data), better facilitate collaboration and minimize time and effort in preparing these reports, and allow for customization of reporting to CIOs, Boards and internal staff.