Used as a catalyst precursor in homogeneous catalysis, particularly in reactions involving C–H activation and functionalization. It is effective in promoting selective transformations of hydrocarbons, including alkane and arene functionalization under mild conditions. The complex is valued for its stability and ability to generate active rhodium species that facilitate carbon-carbon and carbon-heteroatom bond formation. Commonly applied in research settings for developing new synthetic methodologies in organic and organometallic chemistry.