Case Study: Smith Newmans - Cobweb

Case Study: Smith Newmans

Cutting IT Costs while Enabling Growth, Flexibility, and Resilience through a Data Migration

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Company Name:
Smith Newmans

Industry:

Financial Services

Size:

Over 500 employees

Project:

Migration

About Smith Newmans

Smith Newmans (acquired by Xeinadin post case study) is an accountancy practice based at Colden Common near Winchester in Hampshire with a second site in Andover.

They offer a full range of bespoke services to small and medium sized businesses & individuals including all elements of personal and self employed tax, including capital gains and inheritance tax and for companies – corporation tax, accounting, business strategy and consultancy.



Their IT Challenges

*Coretek were acquired by Cobweb in 2025.

Director Nigel Newman from Smith Newmans had recently joined the firm with plans to grow the business to become a recognised name in accountancy in Hampshire, helping more companies achieve their business goals through sound financial advice.

However, they had outgrown their current office and had no additional space to expand. Furthermore, their on-site IT system was reaching end of life and would not provide the scalability or reliability required to grow the business.

The Solution

Coretek proposed that moving their IT to the cloud would provide a far more scalable system and be more cost-effective at the same time. Although this approach is commonplace now, back in 2015 many businesses were still reluctant to move to the cloud, preferring to keep all of their IT on-site. However, Smith Newmans had the foresight to see that this approach was the future and with Coretek’s help, they moved their entire IT infrastructure to the cloud.

By removing their on-site server, Smith Newmans actually experienced a considerable cost saving of thousands of pounds as a replacement server, along with associate licensing costs, was no longer required. The existing machines on site could be reused as thin clients, again providing further savings on the cost of new PC’s for staff. In addition, budgeting and forecasting for IT became much easier as the cloud platform is charged on a small amount per user, per month. The system could also scale up instantly when new staff came on board.

Shortly after the cloud migration, Smith Newmans acquired a larger office building, with the additional capacity needed to grow the business. Due to their cloud platform and the minimum on-site hardware, this move was a quick process.

As the business continued to grow, they acquired an accountancy firm in Andover. Merging the IT systems from the two companies would normally be an arduous task but having their cloud system allowed the Andover office to easily access their system simply via an internet connection and a web browser.

This shift to cloud based working would pay further dividends when the COVID-19 pandemic hit and offices were forced to close. As the company already could access all of their systems online, the transition to remote working was smooth and allowed the business to pivot quickly.


Benefits for Smith Newmans


I have had the pleasure of working with the Coretek team under multiple companies and for well over a decade. Their trusted advice and implementation including moving to the cloud has paid dividends, allowing us to move to a bigger office, have staff working in multiple sites and helping to easily transition to home working under COVID.

It is reassuring to know they are always on hand for both supporting our staff and to provide consultancy in helping us plan our IT strategy. I would have no hesitation in recommending their services and look forward to continuing our excellent working relationship into the future.

– Nigel Newman, Director

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