Yes! Some Library Databases (e.g. Search Everything and Academic Search Premier) will provide formatted citations that you can copy and paste. Look for these options.
There are also sophisticated online citation software available that manage citations and PDFs. See below for popular tools.
While citation management software makes formatting citations easier, you still have to use your brain and check to see that all necessary information has been imported and formatted correctly. Remember, nothing replaces logical thinking. Always consult the format handbook for the rules.