In the bowl of a stand mixer, cream together the cream cheese and butter until light and fluffy. Mix in the sugar until fully incorporated. Slowly mix in the flour until combined.
Cover the bowl and refrigerate for at least 45 minutes.
Preheat the oven to 375˚F. Line a baking sheet with parchment paper and set aside.
Using a medium cookie scoop, form the dough into balls. Place the balls on the prepared baking sheet and press your thumb into the centre to create a thumbprint.
Fill each thumbprint with the raspberry preserves.
Bake in the preheated oven for 10-12 minutes, or until the edges begin to golden.