Populating LookUps in Power Automate Flow made easy

The format for populate lookups as we know is: TableName(RecordId)

In the latest updates of Power Automate Flow we have noticed few addition to lookups, these are the properties that are available:

1. Table Name
2. Type
3. Value

This will make it easy to populate a lookup field and save us time from searching the Table Name

TableName(Value)

In my example:Company Name(Table Name)(Company Name(Value))

One note this functionality so far is not available for existing older Power Automate Flows.