Yes. Intelligentcontract has been designed to assist you with managing contractual risk. 

It's important that you are able to identify those contracts that represent risk to your organisation so that it can be managed and costs controlled. It may be a key supplier or customer where the risk is to be monitored or may be a specific contract or part of contract. Intelligentcontract lets you create risks, rate them and track mitigation strategies. 

Risks are displayed on the homepage of the users who are linked to the contract that carries the risk making it easy to keep on top of those more risky contracts. It's common for companies to be taken by surprise by the impact that a single customer, supplier or contract has on the entire organisation - intelligentcontract gives you the tools to manage this risk.

Click here for full details on how to configure Risk Definitions