The tiny software Custom Folder integrates itself seamlessly into the windows Explorer adding advanced folder creation options to the right-click menu of it. You can choose a combination from any of the following:

• Static text:
  Place static text anywhere in the mask to define your default folder name
• Date:
  Chose from a two or four digit year mask; two digit month mask and two digit day mask
• Time:
  Chose from a two digit hour, minute and/or second field and add an optional three digit millisecond field
• Increment:
  By adding a simple switch, Custom Folder will automatically add a three digit incremented identifier to a default mask, making it ideal for backups or version control.
• Trim:
  Helping you to keep your filing tidy, the “trim” switch instructs Custom Folder to trim any blank spaces from either end of the default folder name, ensuring that subsequent searches or batch operations are not bugged by unseen leading or trailing spaces.

source: Donation Coder