In a medium mixing bowl, combine the cream cheese and mayonnaise. Using a hand mixer or a whisk, beat the ingredients together until combined, whipped, and smooth.

Fold in the smoked gouda, bacon, and shallots until combined, then season with salt and white pepper.

Place the mixture in an air-tight container and refrigerate for one hour before serving.

Garnish with chopped parsley and serve with toast points, sliced bread, or crackers.