TagScanner is a multifunction program for organizing and managing your music collection. It can edit tags of mostly state-of-the-art audio formats, rename files based on the tag information, generate tag information from filenames, and perform any transformations of the text from tags and filenames.
Rename files from tags Rename files based on the tag information and import tags from filenames.
Yes, as is prominently publicised on both of their respective sites:http://www.xdlab.ru/i/s/renamer.png
%album% - $abbr(%conductor%,12), %date%\%filename%