That's possible if your 3rd-party software allows the use of "splatting" to provide the parameters and switches to that cmdlet.
Try it this way. If it works, that's great. If it doesn't, contact the company supplying the package and request an improvement.
$Instance = 'localhost'
$SelectedDatabases = 'master','model','msdb','tempdb'
$props = @{
SqlInstance = $Instance
ExcludeDatabase = $SelectedDatabases
}
$Databases = Get-DbaDatabase @props | foreach {$_.Name}