Yes, definitely, there are several options to help you accomplish this.
There is an Email trigger option which will check the mail server every few seconds for new mail and launch a specific process you have defined, or there are various email operators that can be used within a process definition to access an email server and retrieve emails.
You can get more details in the Documentation on Triggers Here and in Knowledge document TEC568429 Setting up and configuring the ITPAM Trigger feature.
Details on the Email operators in the documentation Here for the Operators, and Here for setting default email configurations
This Knowledge document discusses how to use the email filters to access specific emails; TEC597606 How to use the Message Filter Criteria to retrieve specific emails in the Mail Operators.