Yes. You could set up a scheduled task using Windows (Accessories > System Tools > Scheduled Tasks).
If you want to use the extended stored procedure, you would need to write an app, or use Active Scripting, to connect to the server and run the extended stored procedure.
If using the command line interface, enter the path and file name of the command line executable (sqlbackupc.exe) together with the required parameters. You can use the command line interface only for local servers.
EXEC master..sqlbackup '-SQL "backup database [Northwind] TO DISK=''c:\nw.sqb'' WITH COMPRESSION=1, INIT"'
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