A late Lee Tomlin equaliser denied Smith's side a win in their pre-season match against Posh at the Lamex Stadium on Saturday after Greg Tansey had given the hosts the lead midway through the second half.
"I think we always looked at this fixture as being the most competitive work-out and build-up into our season and it was exactly that," Smith told the club's official website. "They were always going to pose a possession problem against us that we were going to have to try and find an answer to.
"That diamond shape they've played so well in the Championship in recent years caused us some problems at times and there are teams in our league that are going to do exactly the same, maybe not with quite the same quality but certainly with the same sort of tactical shape. In the second period after a little bit of readjusting I thought we did a little better."
Smith added: "Greg's goal shows that when we get ourselves in creative areas he is going to sense a nice little pocket to pick up and he certainly has an eye for goal. We've been seeing that throughout pre-season."
