Place the softened cream cheese in a mixing bowl and stir with a spoon until smooth and creamy, breaking up any lumps.
Add the shredded cheddar, chopped herbs, and smoked paprika to the cream cheese. Mix everything together thoroughly until well combined and fragrant.
Cover the bowl with plastic wrap and refrigerate for at least 30 minutes to firm up the mixture and allow flavors to meld.
While the mixture chills, preheat your oven or toaster oven to 180°C / 350°F and toast the pecans for about 5-8 minutes, until fragrant and golden. Let them cool slightly.
Once chilled, scoop the cheese mixture out and shape it into a round ball about 8-10 cm in diameter using your hands or a spoon.
Place the ball on a small baking sheet or platter. Gently roll it in the toasted chopped pecans, pressing lightly to ensure the nuts adhere evenly all over the surface.
Cover the coated cheese ball loosely with plastic wrap and refrigerate for another 30 minutes to set and develop flavor.
Bring the cheese ball out of the fridge, then serve it chilled with crackers or sliced baguette. Garnish with additional herbs if desired for a fresh touch.