Not if your clips are already iPad-compatible and in the MP4 file format. Dailies Creator supports importing any format supported by QuickTime, which it will transcode on its own. Alternatively, you can transcode to an iPad-compatible clip, which enabled Dailies Creator to just copy it into your project without additional transcoding.
Click the production settings button (with a gear icon, on the top right of Creator's main window). Check the Don't transcode iPad-compatible files option to prevent transcoding.
To import clips directly, make sure that they are in MP4 format, with H.264 video, AAC audio, a maximum resolution of 1920×1080 pixels, and a max bitrate of 4000 kbit/s.