V-Ray includes a MaxScript tool for converting standard 3ds Max Bitmap textures to VRayBitmap textures. It also includes the option to automatically convert the texture files to tiled .tx files. The tool can be accessed through the Quad Menu by selecting V-Ray Bitmap to VRayBitmap converter.
UI Path: ||Quad Menu|| > V-Ray Bitmap to VRayBitmap converter
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In V-Ray 6 for 3ds Max, Beta, this tool has been moved to the V-Ray Menu > Converters > V-Ray Bitmap to VRayBitmap converter and is no longer available in the quad menu.