Yes, Using Export Notes - Business/Enterprise License, you can perform batch conversion or can export multiple NSF files to PST files as well as Exchange at a time in a bulk.
For this purchase Business License of Export Notes, which comes with Mail Migration v1.4, helps you to convert the NSF files in batch mode.
Once you made the purchase of Business License, SysTools sales team will send you the download link to download the Full version of Export Notes - Admin License Install the Export Notes - Admin License by double clicking the setup icon
You will notice 2 options will be shown in tool for bulk conversion as shown below. Select conversion process accordingly.