SmartDoc as a "Live" Template

New to SmartDoc and the Community, so I'm likely asking all that has been asked before. A search produced nothing related, so I must ask a very obvious question.

Given a SmartDoc in a given row, is it possible to set placeholders that blend data from fields on the same row?

Ergo: {{myFieldName}}

Imagine a daily briefing report sent to stakeholders. Is it possible for the document to act as a live template that is continuously updated when {{myFieldName}} changes?

I suspect the answer is the API, but I just wanted to explore internal features of the pretty amazing SmartDoc field.

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