How do I value proprietary technology that a business has developed and invested millions into? The inputs does not include this type of data other than simply asking whether or not the company has intellectual capital.

The best way to represent that would be input the value in "Intangible assets" on Step 3 and check "Yes" for "Do you have Intellectual Property, including Trade Secrets or Patents?"

It won't drive the valuation up that much as our software primarily uses revenue, income and officer compensation and EBITDA to value the company and not as much weight in placed into intangible assets.

You would see more of a change by increasing the EBITDA, so if they can translate how much the technology will affect their actual profits.