The report scheduling feature will send your saved reports to you on a repeated basis, meaning you can have something like a weekly assigned tasks list sent to your inbox every Monday at 9AM, or send out a monthly invoicing report to accounts receivable. Keep in mind that reports will constantly be updated based on their filtering parameters, e.g. current Project Work Stage, Projects with time tracked within a certain date range, etc.

On your reports page, look to your saved reports on the right-hand side of the page. Hover over the report you would like to schedule, and click the Create Schedule button.
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From here, you will be able to configure who the report will be sent to, what format the report will be sent in (excel or PDF depending on availability), and how frequently the report will be sent. As the report will be sent as an email attachment, you may also consider adding a brief message to contextualise the email/report.