Yes, but it can only currently be done via the command line. In the iMPACT tool, go to Help > Help Topics and look for the section for command line and batch mode. There, you can look at examples of how to use batch mode.
The switch name is -qebit and is set when you are doing an erase. The next example shows how to use the switch:
setCable -port usb21
addDevice -p 1 -file"path/filename.mcs"
attachflash -position 1 -spi "W25Q16V"
assignfiletoattachedflash -position 1 -file "path/filename.mcs"
erase -p 1 -spionly -qebit